Amneal Pharmaceuticals shares are trading lower after the company received FDA complete response letter for its IPX203 new drug application for Parkinson's disease.
Portfolio Pulse from Benzinga Newsdesk
Amneal Pharmaceuticals has received a complete response letter from the FDA for its new drug application for Parkinson's disease, IPX203. This has resulted in a decrease in the company's share price.

July 05, 2023 | 11:35 am
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Amneal Pharmaceuticals' stock price is trading lower after the FDA's complete response to its new drug application for Parkinson's disease.
The FDA's complete response letter is often seen as a setback as it indicates that the agency has completed its review of a new drug application and has questions that prevent it from approving the drug. This news is directly related to Amneal Pharmaceuticals and is likely to negatively impact investor sentiment, leading to a decrease in the company's stock price.
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