Before The Bell
FONT-SIZE Plus   Neg
Share SHARE

ViroPharma Inc. (VPHM) Plunged To A 4-Month Low On Vancocin News

ViroPharma Inc. (VPHM: Quote) announced Tuesday morning that the FDA denied the citizen petition filed by ViroPharma on March 17, 2006, related to the FDA's proposed in vitro method for determining bioequivalence of abbreviated new drug applications referencing Vancocin Capsules. The FDA also approved three generic versions of the drug.

ViroPharma gapped open dramatically lower Tuesday, but was range-bound throughout the session. The stock finished down by 6.17 at $22.44 on the highest volume of the year. ViroPharma sank to over a 4-month low and fell below its 200-day moving average.

Click here to receive FREE breaking news email alerts for ViroPharma Inc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus