Amneal Receives FDA Approval for IPX203 For Parkinson's Disease To Be Launched As CREXONT Extended-Release Capsules
Portfolio Pulse from Benzinga Newsdesk
Amneal Pharmaceuticals has received FDA approval for IPX203, branded as CREXONT, an extended-release capsule for Parkinson's disease. The drug offers more 'Good On' time with less frequent dosing compared to immediate-release alternatives. The commercial launch is planned for September 2024.
August 07, 2024 | 9:20 pm
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Amneal Pharmaceuticals has received FDA approval for IPX203, branded as CREXONT, an extended-release capsule for Parkinson's disease. The drug offers more 'Good On' time with less frequent dosing compared to immediate-release alternatives. The commercial launch is planned for September 2024.
FDA approval of a new drug typically has a positive impact on the stock price of the company. The approval of IPX203 underscores Amneal's leadership in Parkinson's disease treatment and is likely to boost investor confidence. The planned commercial launch in September 2024 provides a clear timeline for revenue generation.
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