Upsher-Smith FDA Monday, June 3, 2013 +0.30 Positive

FDA Approves MORPHINE SULFATE — Upsher-Smith Laboratories, LLC

Upsher-Smith Laboratories, LLC announced today the U.S. approval of its generic morphine sulfate, triggering a pivotal competition opportunity for manufacturers to capitalize on high-volume oral opiate sales. The ANDA clearance is anticipated to significantly pressure the market prices of existing infusions, offering providers a cost-effective alternative for the multi-billion dollar pain management segment.

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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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