Glaxo, XenoPort Drug To Get Longer FDA Review

Stock quotes in this article: XNPT  

NEW YORK (AP) — GlaxoSmithKline and XenoPort Inc. said Tuesday the Food and Drug Administration extended the review date of the company's potential restless leg syndrome treatment to Feb. 9.

The companies had originally expected the FDA to complete its review of GSK1838262, also called XP13512, by Nov. 9. The FDA had determined that the company needs to submit a risk evaluation and mitigation strategy. The agency now needs more time to review that plan.

XenoPort is based in Santa Clara, Calif., and GlaxoSmithKline is headquartered in London.

Shares of Glaxo fell 2 cents to close at $41.29 while shares of XenoPort fell $1.10 to close at $16.20.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin
Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Recent Comments





Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,433.71 1,105.65 2,169.18 33.17
Oil *
76.42
DOWN
17.24
DOWN
0.59
DOWN
6.83
DOWN
0.47
10 Yr
3.32%
SPDR Gold
114.73
-0.16%
-0.05%
-0.31%
-1.40%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services