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AZN AstraZeneca PLC

54.17
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Name Symbol Market Type
AstraZeneca PLC NYSE:AZN NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 54.17 0 01:00:00

RedHill Biopharma ADRs Up; Completes Movantik Acquisition

02/04/2020 5:25pm

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AstraZeneca (NYSE:AZN)
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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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