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RDHL Redhill Biopharma Ltd

0.4498
-0.0007 (-0.16%)
After Hours
Last Updated: 21:27:58
Delayed by 15 minutes
Name Symbol Market Type
Redhill Biopharma Ltd NASDAQ:RDHL NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0007 -0.16% 0.4498 0.4499 0.458 0.4674 0.4498 0.4674 173,871 21:27:58

RedHill Biopharma ADRs Up; Completes Movantik Acquisition

02/04/2020 5:25pm

Dow Jones News


Redhill Biopharma (NASDAQ:RDHL)
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By Michael Dabaie

 

RedHill Biopharma Ltd. American depositary receipts were up 14% to $5.23 in late morning trading.

Before the market opened, the biopharmaceutical company focused on gastrointestinal diseases said it had completed the acquisition of the global rights, excluding Europe, Canada and Israel, to Movantik for the treatment of opioid-induced constipation from AstraZeneca PLC.

The company said it is expanding the promotion of Movantik with its current sales force of about 100 representatives.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

April 02, 2020 12:10 ET (16:10 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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