Catalyst

Slingshot members are tracking this event:

Flamel Technologies(FLML) - now Avadel Pharmaceuticals(AVDL) plans to begin pivotal studies for FT227 by mid 2016 - Discontinued

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Importance
High Medium Low
Impact on Stocks
FLML

50%
AVDL

100%

Additional Information

Additional Relevant Details we received feedback from the FDA regarding the clinical development pathway for FT227, an abuse-deterrent, extended-release, oral hydromorphone product using our proprietary Trigger Lock drug delivery platform.Following this guidance from FDA we will be conducting an in vivo alcohol interaction study during the third quarter of 2016, which should provide further confirmation of the robust abuse-deterrent capabilities of Trigger Lock. 
http://seekingalpha....
Management Comment Avadel is currently seeking to divest or license this product candidate in addition to the full Trigger Lock platform and has discontinued spending on this platform."
https://www.streetin...
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Related Keywords Ft227, Abuse Deterrent