Biotech Stocks: Drug stocks edge higher; Matrixx tumbles
Drug stocks were modestly mixed Tuesday afternoon as shares of Acura Pharmaceuticals and Matrixx Initiatives tumbled on their respective regulatory woes.
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#1 Jul 24, 2009
Thought you might be interested in this blog post by an attorney investigating Zicam maker Matrixx Initiatives (Nasdaq - MTXX).
As you may know, MTXX stock plummeted after an FDA letter to Matrixx about Zicam was released. Insiders got out by selling stock at the beginning, but where does that leave current shareholders?
Read the post here: http://tinyurl.com/njtpru
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