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Animal health products company $PAHC said the U.S. FDA stated its intention to withdraw its approval for antibiotic drug Mecadox, used for controlling bacterial diseases like Salmonella and Swine dysentry, citing safety reasons. Today's action by the FDA does not prohibit the sale or use of Mecadox in the United States, the company added.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?