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Stock impact report

More Potential FDA Opioid Delays In Nektar's Wake [Seeking Alpha]

Nektar Therapeutics (NKTR) 
Last nektar therapeutics earnings: 2/27 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.nektar.com/investor-relations
Company Research Source: Seeking Alpha
More Potential FDA Opioid Delays In Nektar's Wake Summary The FDA recently informed Nektar Therapeutics that a committee meeting for its new opioid drug would be delayed. Nektar's shares dived as a result. Here's a look at other companies in late development stages for new opioids that may see similar delays and similar declines. The attack on opioids is intensifying once again, and the circle of companies falling victim is widening. On Aug. 1, Reuters reported that the State of Oklahoma is now making its final efforts JNJ Companies on the verge of approvals for this class of drugs are getting hit in the backlash. The latest is Nektar Therapeutics (NASDAQ: NKTR just postponed The FDA seems to be getting cold feet in response to recent developments in the opioid space, and there is little to nothing that Nektar can do about it. Worse for Nektar, the FDA also indicated that it may not be able to meet the PDUFA deadline for its decision on the drug. The stock fell 11% on the news to end Show less Read more
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