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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; mia.lamar@dowjones.com

Stock News for Valeant Pharma (VRX)
DateTimeHeadline
11/29/201616:01:00Valeant Announces The Initiation Of A Primary Care Sales Force...
11/29/201616:01:00Valeant Announces The Initiation Of A Primary Care Sales Force...
11/22/201601:00:00Pharming Launches Rights Issue to Raise €12.1 Million as Part o...
11/21/201601:00:00Pharming Announces Financing Plans for Closing of RUCONEST®...
11/18/201607:40:00Chipotle, Ackman Near Settlement
11/18/201603:02:00Former Executives Accused In Fraud Against Valeant -- WSJ
11/17/201615:49:00U.S. Attorney to Charge Two Valeant, Philidor Executives, Alleging...
11/17/201614:46:00U.S. Attorney to Charge Two Valeant, Philidor Executives, Alleging...
11/17/201614:45:00Press Release: Former Valeant Executive and Former Philidor CEO...
11/17/201614:15:00U.S. Attorney to Charge Two Valeant, Philidor Executives, Alleging...
11/17/201613:16:00U.S. Attorney to Charge Two Valeant, Philidor Executives, Alleging...
11/17/201612:18:00U.S. Attorney to Charge Two Valeant, Philidor Executives, Alleging...
11/17/201611:42:00U.S. Attorney to Charge Two Valeant, Philidor Executives, Alleging...
11/17/201610:46:00Valeant Comments On Issued Philidor Criminal Charges
11/17/201610:46:00Valeant Comments On Issued Philidor Criminal Charges
11/17/201610:30:00Federal Prosecutors to Charge Two Valeant, Philidor Executives
11/17/201610:30:00U.S. Attorney to Charge Two Valeant, Philidor Executives, Alleging...
11/14/201616:30:00Medicare Identifies Which Prescription Drugs Were Costliest in...
11/14/201608:00:00Pharming Announces the Presentation of the Results of the RUCONEST®...
11/14/201601:00:00Pharming Announces Progress on Financing

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