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mlkrborn

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mlkrborn

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Friday, 06/24/2011 11:34:21 AM

Friday, June 24, 2011 11:34:21 AM

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LCI $4.80-$5.89 range with approval: Lannett receives FDA approval for morphine sulfate oral solution NDA (LCI) 5.79 +0.31 : Co announced that the FDA has approved the company's New Drug Application for Morphine Sulfate Oral Solution on June 23, 2011. Sales of Morphine Sulfate Oral Solution for the last 12 months at Average Wholesale prices were ~$31.7 mln, according to Wolters Kluwer. The co expects to commence shipping the product shortly.
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