ACERTIS FDA Thursday, December 13, 2018 0.00 Neutral

FDA Approves LEVORPHANOL TARTRATE — ACERTIS PHARMACEUTICALS, LLC

ACERTIS PHARMACEUTICS announced Friday that FDA approval of its generic version of oral levorphanol tartrate could expose the company to volume-dependent sales and delayed competitive launches by larger manufacturers. The authorization provides a near-term catalyst as the firm seeks to penetrate the unbranded market before biosimilar and established generic competition intensifies.

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

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