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-0.00570157140870532 -0.00570157140870532 0.00820470031984427 -0.034765679321374 0.000973439020998517 -0.0126547072729801 -0.0265609790015297 -0.0335141148658045
Stock impact report

UPDATE 2-U.S. FDA approves AcelRx Pharma's opioid pain drug [Reuters]

Trevena, Inc. (TRVN) 
Last trevena, inc. earnings: 3/12 07:01 am Check Earnings Report
US:NASDAQ Investor Relations: investors.trevena.com/investor-relations
Company Research Source: Reuters
FDA approves AcelRx Pharma's opioid pain drug | Reuters 3 Min Read (Reuters) - The U.S. Food and Drug Administration on Friday approved AcelRx Pharmaceuticals Inc’s opioid-based treatment for pain to be used under strict medical supervision, with the agency’s chief highlighting reasons for the approval in a rare move. The regulator’s decision comes as the U.S. opioid crisis reaches epidemic levels, claiming lives of an estimated 130 Americans a day on average, according to the U.S. Centers for Disease Control and Prevention. “There are very tight restrictions being placed on the distribution and use of this product,” FDA Commissioner Scott Gottlieb said in a statement. Shares of AcelRx jumped 14.9 percent to $4.77 on Friday. The fast-acting drug, Dsuvia, will be used in hospitals, surgical centers and emergency departments, and its mechanism makes it easier to deliver where intravenous administration is not possible, the commissioner said. The Department of Defense has worked closely Show less Read more
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