Portola Pharma shares slide 6% on news of delay in EU review of treatment for bleeding [MarketWatch]
PORTOLA PHARMACEUTICALS (PTLA)
Last portola pharmaceuticals earnings: 2/26 04:01 pm
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Source: MarketWatch
Portola Pharma shares slide 6% on news of delay in EU review of treatment for bleeding Shares of Portola Pharmaceuticals Inc. PTLA, -7.23% slid about 6% Tuesday, after the company said a European committee has extended the review period for approval of a treatment for bleeding that has already been approved in the U.S. The Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency has provided the company with a list of questions related to data submitted for its Ondexxya product, which is being reviewed for the reversal of the anticoagulant effects of the Factor Xa inhibitors apixaban and rivaroxaban in patients experiencing uncontrolled or life-threatening bleeding. The company has a deadline of Jan. 29 for responses, followed by a 30-day assessment period for the committee. "We will work diligently to address the Committee's questions as they review and further consider the data package supporting the MAA," Portola Chief Executive Scott Garland said i
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