Stamford, CT -- (SBWIRE) -- 04/18/2013 -- Jet Life Penny Stocks provides investors with the Awesome Penny Stock alerts on a regular basis. We will send you alerts through our Penny Stock Newsletters and offer you the tools to help you along the way with the goal of keeping you loyal to our service. Have a look on today’s market movers: Salesforce (NYSE:CRM) and Acura Pharmaceuticals Inc. (NASDAQ:ACUR)
Shares of drug maker Acura Pharmaceuticals Inc. (NASDAQ:ACUR) climbed up above 50 percent Wednesday following federal regulators planned to block new painkillers that were not designed to resist abuse.
Acura manufactures drugs that are made to be harder to maltreatment. The firm sells a decongestant called Nexafed and its abuse-deterring technology is utilized in Pfizer Inc.'s painkiller Oxecta. Its stock climbed up $1.14, or 53 percent, to $3.29 in late hours trading session. In the regular session the stock was 76 percent higher.
How FDA responded to Acura such move? Find in this report
The Food and Drug Administration reported on Tuesday that it would not accept any generic versions of OxyContin founded on the original formulation due to its possibility for abuse. A patent backing the original form of the drug ended on Tuesday, which would have opened the opportunities for firms to begin selling lower-cost versions.
The FDA also accepted labeling for latest versions of the drug that note those kinds of the drug are made to make OxyContin harder to abuse.
How Salesforce.com gained investors attention? Find out here
Content management and marketing automation business Brandcast boosts up with a little assistance from Salesforce (NYSE:CRM) CEO Marc Benioff.
Salesforce.com is dividing up the enterprise software market, and one startup is eager to walk on its footsteps with some seed supporting from Salesforce's (CRM) influential CEO, Marc Benioff.
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