The FDA helped nudge up shares of Shire this morning with the announcement that the agency had approved its ulcerative colitis drug Lialda. In trials Lialda demonstrated its ability to reduce the remission of mild to moderate ulcerative colitis after eight weeks of therapy. The drug will be released in the first quarter of this year.
- read the report [1] on Shire from TheStreet.com
Related Articles:
FDA approves Shire's pricey Elaprase. Report [2]
Shire, New River shares surge on FDA approval. Report [3]
Links:
[1] http://www.thestreet.com/_googlen/newsanalysis/pharmaceuticals/10332896.html?cm_ven=GOOGLEN&cm_cat=FREE&cm_ite=NA
[2] http://www.fiercebiotech.com/story/fda-approves-shire-s-pricey-elaprase/2006-07-25
[3] http://www.fiercebiotech.com/story/shire-new-river-shares-surge-on-fda-approval/2006-10-09