INBS Stock Declines Despite Positive Results of Pharmacokinetic Study [Yahoo! Finance]
AngioDynamics, Inc. (ANGO)
Last angiodynamics, inc. earnings: 4/7 07:00 am
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
The study is important for supporting FDA 510(k) clearance of the company's Intelligent Fingerprinting Drug Screening technology. Per the PK study's data, the amount and rate of codeine in blood and saliva are mimicked by fingerprint sweat. Based on 95% confidence level statistical comparisons, the study effectively demonstrated that fingerprint sweat offers a dependable sample matrix for drug detection, displaying quantitative PK data well aligned with blood. Following the news annoucement, shares of the company have moved nearly 12.4% south to $1.48 on Friday's closing . In the year-to-date period, INBS shares have plunged 63.5% compared with the industry's 10.2% decline. The S&P 500 increased 23.4% in the same time frame. Meanwhile, INBS currently has a market capitalization of $6.5 million. Image Source: Zacks Investment Research INBS' PK study is a key step in the company's planned FDA 510(k) submission. FDA clearance is required to show that INBS' fingerprint drug scre
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ANGO
Earnings
- 10/3/24 - Miss
ANGO
Sec Filings
- 11/15/24 - Form 8-K
- 11/8/24 - Form SC
- 10/23/24 - Form SC
- ANGO's page on the SEC website