The drug is fine. The price drop is due to a labeling issue which will be fixed on Thursday
Robinhood General Thread - /rgt/
"The Committee (FDA) determined by a vote of 16 to 4 in that Apadaz (KMPH's drug) should be approved for its proposed indication of the management of acute pain that requires an opioid and voted 18 to 2 against inclusion of abuse deterrent labeling for the product."
"KemPharm Inc (NASDAQ:KMPH), a micro-cap clinical-stage specialty pharmaceutical company that is trading down by more than 55.7% this afternoon. The steep decline is due to the FDA advisory committee’s decision to not recommend the addition of abuse-deterrent labeling to the company’s Apadaz painkiller, after it recommended the drug for approval."
It's almost certain that the drug will be approved by the FDA. I'm not sure why investors would send the stock crashing if the FDA found there wasn't a need to put abuse-deterrent labelling on the packaging. Is it because of potential liability? That i'm not sure.
Good find user.
finance.yahoo.com
>When compared to other fuel options, Gevo believes that its renewable ATJ has the potential to offer the most optimized operating cost, capital cost, feedstock availability, scalability, and translation across geographies.
>Alaska Airlines has been a leader in seeking more sustainable fuels and these flights are part of the company’s long-term commitment to its sustainability strategy. Alaska Airlines has been a partner with Gevo in the commercialization of its ATJ, and has committed to other initiatives to reduce GHGs, most recently partnering with Boeing and the Port of Seattle on a $250,000 Biofuel Infrastructure Feasibility Study for Seattle-Tacoma International Airport.
Is it bullshit?
No. Boeing posted a tweet about the biofuel today too.
How about fucking ARRY? I got memed hard today
link? I dont see it
What did it say at least? That the biofuel is cheaper or no?
>falling for the ARRY meme
m8...
Any idea on high it might jump, i'm one of those thinking of putting my GEVO profits into this.
Like I said