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Pain Therapeutics Inc (PTIE.OQ)

PTIE.OQ on NASDAQ Stock Exchange Capital Market

1.18USD
17 Jan 2019
Change (% chg)

$-0.00 (-0.00%)
Prev Close
$1.18
Open
$1.16
Day's High
$1.18
Day's Low
$1.12
Volume
61,152
Avg. Vol
260,026
52-wk High
$10.85
52-wk Low
$0.76

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Mon, Aug 6 2018

FDA declines to approve Pain Therapeutics' opioid drug, shares plunge

The U.S. Food and Drug Administration declined to approve Pain Therapeutics Inc's abuse-deterrent opioid treatment Remoxy for the fourth time, sending the company's shares down 35 percent to a record low.

UPDATE 2-FDA declines to approve Pain Therapeutics' opioid drug, shares plunge

* Shares fall 35 pct to record low (Adds analyst comment, updates share movement)

U.S. FDA declines to approve Pain Therapeutics' opioid drug

Aug 6 Pain Therapeutics' said on Monday that the U.S. Food and Drug Administration declined to approve the company's opioid drug for the management of severe pain as the benefits of the drug did not outweigh the risk.

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