Metaxalone News

King Pharmaceuticals Reports FDA Approval of New Skelaxin(R) Label

King Pharmaceuticals (NYSE: KG) reported today that the U.S. Food and Drug Administration ("FDA") has approved the Company's revised prescribing information for its Skelaxin(R) (metaxalone) product. Skelaxin(R) is a leading...

Eon labs says generic muscle drug to be delayed

Eon Labs Inc. said its generic version of the Elan Corporation's Skelaxin muscle relaxant would be delayed after regulators rejected a study of the drug.

King Pharmaceuticals Reports First-Quarter 2006 Financial Results

King Pharmaceuticals, Inc. KG announced today that total revenues increased 31% to $484 million during the first quarter ended March 31, 2006, compared to $369 million in the first quarter of 2005.

Elan raises €55m in new sell-off

Irish pharmaceutical group Elan has raised around $70 million (€55m) from four new deals, including the sale of formulation and manufacturing interests.

King Pharmaceuticals posted a monthly rise of 31%, sparked by favorable second-quarter results

The generic-drug maker posted earnings of 44 cents per share, exceeding the Street estimate by 24 cents. The key drivers during the quarter were Altace, Skelaxin and Sonata. Standard & Poor's Equity Research raised the target...

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