Somerset FDA Wednesday, February 20, 2019 +0.80 Positive

FDA Approves CISATRACURIUM BESYLATE — Somerset Therapeutics, LLC

Somerset Therapeutics received final FDA approval on February 20 to market cisatracurium besylate (ANDA 206791), positioning the company to capitalize on a rapidly growing market for intravenous paralytics that offline competitors are struggling to serve. This clearance allows Somerset to leverage Medicare Part B reimbursement, offering a differentiated product capable of capturing significant outsized sales volume over the next five years.

View original filing at SEC.gov →
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.

Get real-time financial news in your trading bot or app

START FREE — 10,000 calls/day, no key needed