Cumberland Pharmaceuticals Inc.'s (CPIX) supplemental New Drug Application seeking approval for a new simplified dosing regimen for Acetadote has received FDA approval and shares are up over 100% at $2.47 in premarket trading Tuesday.
Acetadote is used in hospital emergency departments to prevent or lessen the risk of liver damage following an acetaminophen overdose, which is often caused by overuse of over-the-counter pain relief and fever-reducing products.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.