Tag: NASDAQ: FBIO

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U.S. FDA Declines to Approve Avenue Therapeutics Inc’s (NASDAQ: ATXI) Painkiller Again, Shares Drop

The U.S. Food and Drug Administration has once again declined to approve Avenue Therapeutics Inc’s (NASDAQ: ATXI) painkiller tramadol noting that it was not safe for the intended population. The announcement saw Avenue’s share drop by 5% in premarket trading.  According to the FDA, intravenous (IV) tramadol showed delayed and […]