Here's Why AcelRx Pharmaceuticals, Inc. Jumped 16.5% on Monday [The Motley Fool]
AcelRx Pharmaceuticals, Inc. (ACRX)
Last acelrx pharmaceuticals, inc. earnings: 3/16 07:35 am
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Source: The Motley Fool
Investors rush in ahead of an FDA advisory committee meeting. Brian Orelli ( TMFBiologyFool ) Sep 24, 2018 at 6:12PM What happened Shares of AcelRx Pharmaceuticals ( NASDAQ:ACRX ) jumped 16.5% on Monday as investors buy shares ahead of a Food and Drug Administration advisory committee meeting to review its marketing application for Dsuvia, which is scheduled for Oct. 12. So what AcelRx is trying to get Dsuvia approved for the management of moderate-to-severe acute pain in medically supervised settings. The active ingredient, sufentanil, is approved for intravenous (IV) and epidural administration, but AcelRx developed a sublingual tablet that dissolves under the patient's tongue in hopes that it will avoid dosing errors associated with IV administration. The company received a complete response letter -- the FDA's euphemism for a rejection
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