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CORRECT(12/13): FDA Panel Recommends Use Of Alexza Pharma's Bipolar Treatment

("FDA Panel Recommends Use Of Alexza Pharma's Bipolar Treatment" on Dec. 13 and an earlier story on Jan. 18 misstated that Valeant Pharmaceuticals International Inc. is currently a commercial partner for the drug. A corrected version follows:) DOW JONES NEWSWIRES Alexza Pharmaceuticals Inc. (ALXA) said a U.S. Food and Drug Administration panel has recommended that its schizophrenic and bipolar disorder treatment be approved for use. Shares were recently up 76% to $1.10 as the company's chief executive called the panel's recommendation "another step forward" for the drug's development. Alexza in August said it refiled its new drug application for the treatment, adding new data and sections that aimed to address safety concerns raised by the agency last year. "If approved, we believe Adasuve represents a valuable treatment option for patients and physicians alike. We look forward to continuing to work toward our goal of bringing Adasuve to market in 2012," said Chief Executive Thomas B. King. Alexza last month reported its third-quarter loss widened sharply from a year earlier as it recorded higher research and development expenses and a loss on a contingent liability. -By Mia Lamar, Dow Jones Newswires; 212-416-3207; [email protected]

Stock News for Valeant Pharma (VRX)
DateTimeHeadline
01/17/201718:19:00Allergan Admits to Disclosure Violations During Valeant Bid
01/11/201703:03:00Valeant Sheds Assets to Pay Down Debt -- WSJ
01/11/201703:03:00L'Oréal Expands Its Strategy -- WSJ
01/10/201717:11:00Current Report Filing (8-k)
01/10/201716:13:52Current Report Filing (8-k)
01/10/201714:31:00Valeant to Sell Skin-Care Brands to L'Oreal -- 2nd Update
01/10/201709:13:00L'Oréal Looks to Gain U.S. Share by Buying Valeant Brands...
01/10/201708:38:00L'Oréal Looks to Gain U.S. Share by Buying Valeant Brands
01/10/201706:00:00Bausch + Lomb Launches Expanded Parameters For Bausch + Lomb...
01/10/201706:00:00Valeant Pharmaceuticals Announces Results Of Second Phase 3 Study...
01/10/201706:00:00Bausch + Lomb Launches Expanded Parameters For Bausch + Lomb...
01/10/201706:00:00Valeant Pharmaceuticals Announces Results Of Second Phase 3 Study...
01/10/201704:30:00Valeant to Sell Skincare Brands to L'Oreal -- Update
01/10/201703:41:00L'Oreal to Buy 3 Skincare Brand from Valeant for $1.3 Billion
01/10/201703:17:00Valeant To Sell CeraVe, AcneFree And AMBI Skincare Brands To...
01/10/201703:17:00Valeant To Sell CeraVe, AcneFree And AMBI Skincare Brands To...
01/10/201703:02:00Valeant Agrees To Sell Dendreon -- WSJ
01/09/201723:49:00Valeant Agrees to Sell Dendreon to Sanpower for $820 Million
01/09/201722:40:00Valeant To Sell Dendreon To Sanpower Group For $819.9 Million...
01/09/201722:40:00Valeant To Sell Dendreon To Sanpower Group For $819.9 Million...

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