Friday, October 28, 2016

CEMP Plunges, ALDR Promises Data In 1H 2017, AERI Withdraws NDA, AZN, CYH Abuzz

Shares of Cempra Inc. plunged nearly 15% in extended trading on Thursday after the company announced that the FDA may not allow it to use the active product ingredient or API, manufactured at India-based Wockhardt Ltd. for approval and commercial supply of Solithromycin, suggesting a delay in the launch of the drug, if approved.

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