Down 14%, FDA Concerns Crush Nektar
Nov 13th 2012 7:38AM
Updated Nov 13th 2012 4:18PM
The Food and Drug Administration has been cracking down on a class of constipation drugs because of fears around potential cardiovascular risks. This additional regulatory oversight has big implications for a drug still in the pipeline from Nektar Therapeutics (NAS: NKTR) , and it brought the company's shares down 14% on Monday. In this video, Motley Fool health care analyst Brenton Flynn talks about the market for these drugs, and how the FDA's concerns are impacting not only Nektar but several other companies operating in this space.
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The article Down 14%, FDA Concerns Crush Nektar originally appeared on Fool.com.Brenton Flynn has no positions in the stocks mentioned above. Max Macaluso has no positions in the stocks mentioned above. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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