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Stock Market & Financial Investment News

News Breaks
January 7, 2013
08:12 EDTKERXKeryx Biopharmaceuticals announces filing of NDA for Ferric Citrate in Japan
Keryx Biopharmaceuticals announced that its Japanese partner, Japan Tobacco, has filed its New Drug Application with the Japanese Ministry of Health, Labour and Welfare for marketing approval of ferric citrate in Japan for the treatment of hyperphosphatemia in patients with chronic kidney disease. The NDA filing is supported by efficacy and safety data from several successfully completed Phase 3 studies in CKD patients with hyperphosphatemia in Japan. Under the license agreement with JT and its subsidiary Torii Pharmaceutical Co. within 30 days, Keryx will receive a non-refundable payment of $7M for the achievement of the NDA filing milestone.
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August 28, 2014
13:57 EDTKERXKeryx September volatility elevated
Keryx September call option implied volatility is at 107, October is at 79, December is at 71; compared to its 26-week average of 76 according to Track Data, suggesting large September price movement.

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