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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (5038)2/27/2004 11:54:34 AM
From: - with a K  Read Replies (1) of 6927
 
Jack, what do you make of ADLR's move?

stockcharts.com[h,a]waclyiay[pc20!b50!f][vc60][iut!Ub14!Lc20]&pref=G

NEW YORK, Feb 24 (Reuters) - Adolor Corp. (NasdaqNM:ADLR - News) on Tuesday said its post-surgical bowel disorder treatment was given fast track status by the U.S. Food and Drug Administration, sending its shares up more than 7 percent.

The "fast track" review, granted by the FDA, is designated for products intended to treat serious or life-threatening conditions and/or those with unmet medical needs. The agency will review data on the treatment as soon as it is presented rather than waiting for all the data to be submitted.

Adolor's drug Entereg treats postoperative ileus, a condition in which bowel function is impaired following abdominal surgery, often as a side effect of the common use of opioids for pain relief.
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