Impax Labs +4% as FDA approves generic Renvela [Seeking Alpha]
IMPAX LABORATORIES (IPXL)
Last impax laboratories earnings: 3/1 07:00 am
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US:NASDAQ Investor Relations:
investors.impaxlabs.com/investor-relations/default.aspx
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Source: Seeking Alpha
Impax Labs +4% as FDA approves generic RenvelaImpax Laboratories (NASDAQ:IPXL)+3.9% after-hours on news that theFDA approved its generic version of Sanofi's (NYSE:SNY) Renvela sevelamer carbonate tablets.IPXL says it has immediately started commercialization of the product; sales of Renvela are reflected in the company's previously issued FY 2017 EPS guidance of $0.55-$0.70.U.S. sales of sevelamer carbonate tablets totaled $1.9B for the 12 months ending August 2017.See all stocks on the move »
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