Before The Bell

Questcor Pharmaceuticals Inc. (QCOR) Climbed Sharply On Synacthen News

Questcor Pharmaceuticals Inc. (QCOR) announced Tuesday morning that it has acquired rights to develop Synacthen and Synacthen Depot in the U.S. from Novartis.

Questcor Pharmaceuticals gapped open sharply higher Tuesday, but gradually gave back gains over the course of the trading session. Shares ended the day higher by 5.40 at $42.11, with volume at over an 8-month high. The stock finished at nearly a 1-month high.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Before The Bell