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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Merck and Co Inc | NYSE:MRK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.43 | 0.33% | 131.15 | 131.91 | 130.13 | 130.13 | 7,757,432 | 01:00:00 |
By Colin Kellaher
Amneal Pharmaceuticals Inc. (AMRX) Thursday said it received U.S. Food and Drug Administration approval for EluRyng, the first generic version of Merck & Co.'s (MRK) NuvaRing contraceptive.
The Bridgewater, N.J., pharmaceutical company said it has initiated commercialization activities for EluRyng, which it is manufacturing internally and launching Thursday.
NuvaRing had U.S. sales of about $976 million for the 12 months ended Oct. 31, Amneal said, citing healthcare data and analytics provider Iqvia.
Shares of Amneal, which closed Wednesday at $3.48, jumped nearly 17% in premarket trading Thursday.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
December 12, 2019 07:49 ET (12:49 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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