Replies to post #618 on Zogenix (ZGNX)

[TRUISM]

Zogenix jumps on Zohydro ER update from Seeking Alpha

Zogenix (ZGNX +17.4%) soars as investors are pleased with the company's Tuesday evening update on Zohydro ER.The company and the FDA have wrapped up the final labeling for the drug pursuant to the regulator's announced changes to safety labeling standards for ER and LA opioid analgesics.The drug — which, notably, is the first acetaminophen-free ER hydrocodone — will be classified as a Schedule II drug in contrast to popular hydrocodone-acetaminophen combo products which are Schedule III.It appears the only thing holding up an FDA decision is the government shutdown, although PDUFA activities are supposed to be operational.

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FDA approval will make this soar even further.


Take Care and God Bless....God Bless Us All.



Truth4Once