AcelRx Stock Price Likely To Continue Climbling With FDA Approval Near

© ADVFN
Jul 02 2014 @ 04:51

Summary AcelRx develops Zalviso to treat acute and breakthrough pain. We believe there is a 90% chance the company receives FDA approval on July 27. Zalviso has several advantages over intravenous delivery methods. Obamacare and favorable product pricing should benefit the company in the long term. AcelRx (ACRX) has been one of our favorite companies over the last two years, which we have written on a few times during that period. AcelRx develops therapies for acute and breakthrough pain that help solve the problems patients have with intravenous delivery systems. The 2H of 2014 should be an inflection point for the company as its product Zalviso is expecting an approval decision from the Food and Drug Administration (FDA) July 27. …

 

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