Register Now
Why register?
 The leading web portal for pharmacy resources, news, education and careers February 25, 2017
Pharmacy Choice - Pharmaceutical News - Valeant Surrenders Early Gains After SILIQ's FDA Approval - February 25, 2017

Pharmacy News Article

 2/16/17 - Valeant Surrenders Early Gains After SILIQ's FDA Approval

Valeant Pharmaceuticals Intl Inc (NYSE: VRX) shares are trading lower by $0.42 (2.6 percent) at $16.44 in Thursday's session. Before the open, the company announced it received FDA approval for SILIQ (a treatment for Psoriasis).

That announcement instigated a higher opening into the $17.00 handle, an area where the issue has struggled with since late November. As its turns out, its opening tick of $17.14 has turned out to be the high for the session.

After back-to-back days of near $1.00 gains, short-term traders utilized the higher open to take some profits. The ensuing decline took Valeant's well below Wednesday's close ($16.86), falling all the way to $16.12, but has since rebounded back into the mid-$16 handle.

Write to with any questions about this content. Subscribe to Benzinga Pro:

© 2015 Benzinga Newswires. Benzinga does not provide investment advice. All rights reserved.

Pharmacy News Index
  Drug Delivery Systems
  FDA Final Approvals
  Front Page Healthcare News
  Generic Drugs
  Hospital Industry
  Internet Pharmacy
  IT in Healthcare
  Medicare & Medicaid
  Over-the-Counter Drugs
  Pharm Industry Trends and Policy
  Pharmaceutical Development
  Pharmaceutical Industry


Feb 27: Acne Vulgaris: Comprehensive Pharmaceutical Care
Feb 28: ADHD in Children & Adults: Etiology, Pathology, Pharmacotherapy
Mar 02: Type II Diabetes: Case Studies and Management Options
Mar 03: Anticoagulants: The Rapidly Changing Landscape
Mar 06: Vitamins, Minerals, and Electrolytes in Older Adults
Click for entire Webinar Calendar

Special Announcement

Free Membership
Enjoy Drug Search, industry newsletters and more...

Nursing Jobs
Are you a nurse looking for a job?

Check out the Nursing Job Source.

Your number one choice for nursing jobs.

Websites »
Copyright © 2017 Pharmacy Choice - All rights reserved.
Terms and Conditions | Privacy Statement