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Stock impact report

Prospects dim for European approval of Repros' enclomiphene for secondary hypogonadism; shares down 10% after hours [Seeking Alpha]

Royalty Pharma plc - Class A Ordinary Shares (RPRX) 
US:NASDAQ Investor Relations: ir.reprosrx.com/investor-relations
Company Research Source: Seeking Alpha
Prospects dim for European approval of Repros' enclomiphene for secondary hypogonadism; shares down 10% after hoursRepros Therapeutics (NASDAQ:RPRX)announces that the European Medicines Agency's advisory group, the Committee for Medicinal Products for Human Use (CHMP), will likely adopt a negative opinion next month in response to its marketing application seeking approval for enclomiphene for the treatment of secondary hypogonadism.Enclomiphene is one of two products in the company's pipeline (Proellex) so the news is a big negative for acquirer Allergan (NYSE:AGN).Shares are off10% after hours on robust volume.Previously:Repros' marketing application for enclomiphene accepted for review in Europe (Oct. 5, 2016)Previously:Allergan to acquire Repros for $0.67 per share(Dec. 12)See all stocks on the move » Show less Read more
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