Question
Pacira Pharmaceuticals Inc (PCRX) shares dropped 16.6 percent to $30.10 after the company issued a statement regarding the FDA panel for EXPAREL. The FDA panel
Pacira Pharmaceuticals Inc(PCRX) shares dropped 16.6 percent to $30.10 after the company issued a statement regarding the FDA panel for EXPAREL. The FDA panel did not reach a unanimous decision on efficacy and safety for Pacira's pain drug Exparel.
Is this an example of systematic or firm specific risk?
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Management Fundamentals
Authors: Robert N. Lussier
10th Edition
1071891375, 978-1071891377
