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FRX Ferrex

0.45
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ferrex LSE:FRX London Ordinary Share GB00B649J414 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.45 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

FDA Wants More Study On Almirall, Forest Labs COPD Drug

06/03/2009 12:21pm

Dow Jones News


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Forest Laboratories Inc. (FRX) and Laboratorios Almirall SA (ALM.MC) announced the U.S. Food and Drug Administration will require additional studies of the Spanish company's chronic obstructive pulmonary disease treatment.

As a result the companies don't know when they will file a new-drug application for the product. One had been anticipated late this year or early 2010.

COPD is a progressive, smoking-related lung disorder that is often fatal. Forest Labs and Almirall in 2006 reached a deal to jointly develop, market and distribute Almirall's treatment in the U.S.

Forest Labs disclosed study results in 2007 that showed single doses of inhaled aclidinium bromide produced a significant bronchodilatory response in 17 patients with COPD.

The companies said Friday the additional studies will include higher and/or more frequent dosing than previously tested.

Almirall shares were recently down 5.3% to EUR6.03 in Madrid. Forest Labs closed Thursday at $19.25 and was inactive premarket.

-By Kevin Kingsbury, Dow Jones Newswires; 201-938-2136; kevin.kingsbury@dowjones.com

 
 

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