Chronic Pain — 10 May 2013

ZohyrdoBy Pat Anson, Editor

The Food and Drug Administration has notified Zogenix Inc. (NASDAQ: ZGNX) that it won’t reach a final decision on the company’s powerful new painkiller, Zohydro, until this summer.

“To our knowledge this sort of delay is unprecedented,” Roger Hawley, CEO of Zogenix, said during a conference call announcing the company’s first quarter results.

The FDA had already informed Zogenix in late February that it would be unable to reach a decision by a March 1 target date. The agency gave no explanation for the added delay.

Read more at National Pain Report.

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About Author

Pat Anson, Editor

Pat is Editor in Chief of American News Report. He is a veteran journalist and a former correspondent and producer for HealthWeek (PBS), Nightly Business Report (PBS) and other nationally syndicated shows. Pat has won numerous journalism awards, including a Golden Mike award for investigative reporting.

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