Kos Pharmaceuticals, Inc went public today @$20 1/4 per share, closing up 1 3/4.
Description:
Kos Pharmaceuticals develops pharmaceuticals to treat chronic cardiovascular and respiratory diseases. The company's cardiovascular products are primarily controlled-release, once-a-day, oral dosage formulations, while its respiratory products are aerosolized inhalation products. The company has developed Niaspan, an oral drug composed of niacin, for the treatment of multiple lipid disorders which are associated with coronary heart disease. Kos has agreements with Fuisz Technologies for the development of products using a technology developed by Fuisz. The company also sponsors basic research at Tufts University and Boston University.
Any/all constructive commentary is appreciated.
DD |