Accord FDA Monday, October 31, 2016 +0.10 Neutral

FDA Approves ROSUVASTATIN — Accord Healthcare Inc.

Accord Healthcare Inc. announced the FDA approval of its rosuvastatin calcium tablets, generating preliminary industry interest as a potential market entrant in the competitive oral cholesterol-lowering drug sector. This addition of a generic offering to the API supply chain is anticipated to foster pricing pressure within the rosuvastatin market.

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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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