INSYS Therapeutics Receives FDA Fast Track Designation for Epinephrine Nasal Spray
INSYS Therapeutics, Inc. (INSY) announced on August 30 that the company received a Fast Track from the FDA for the company’s epinephrine nasal spray. The spray is an investigational drug for the treatment of anaphylaxis, a life-threatening allergic reaction requiring urgent treatment. INSYS is a leader in the development, manufacture, and commercialization of pharmaceutical cannabinoids and spray technology.
Rocket Tickers received the news and sent out an alert to subscribers at 6:00 am. The next trade took place at 6:07 am for $8.28. Regular market trading opened for the day at $8.32. INSYS Therapeutics closed at $10.67 for an event-day gain of 29%.
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