Recro Pharma, Inc. The Law Offices of Vincent Wong notifies investors of an investigation concerning whether Recro Pharma, Inc. (“Recro” or the “Company”) (NASDAQCM: REPH) violated federal securities laws.
On May 24, 2018, Recro revealed that the U.S. Food & Drug Administration (the “FDA”) had declined to approve Recro’s New Drug Application for the non-opioid pain relief treatment IV meloxicam. The FDA stated in its Complete Response Letter that the drug’s analgesic effects did not meet its expectations and raised questions related to certain data included in the NDA. Following this news, Recro stock fell 54.7% to close at $5.63 per share on May 24, 2018.
“Recro Pharma, Inc.”
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