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Stock Market & Financial Investment News

News Breaks
July 8, 2014
13:48 EDTZGNXZogenix drops 10% after competitor gets Priority Review
Shares of Zogenix (ZGNX) are moving lower after Purdue Pharma announced earlier today that the FDA has granted Priority Review designation for its once-daily, single-entity hydrocodone bitartrate tablet. The investigational pain medication was formulated to incorporate abuse-deterrent properties designed to make the product more difficult to manipulate for the purpose of misuse or abuse, Purdue stated. Shares of Zogenix, which has a competing pain killer drug called Zohydro ER without abuse-deterrent properties, are down 10%, or 22c, to $1.91 in afternoon trading.
News For ZGNX From The Last 14 Days
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October 31, 2014
08:40 EDTZGNXZogenix, Purdue Pharma exchange waivers of exclusivity for hydrocodone products
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October 27, 2014
16:28 EDTZGNXVisium Asset Management reports 5.3% passive stake in Zogenix
07:34 EDTZGNXZogenix acquires Brabant Pharma for $20M cash, $15M in stock
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