(24/7 MARKET NEWS) – ARS Pharmaceuticals, Inc. (NASDAQ: SPRY) announced, yesterday evening, that the U.S. Food and Drug Administration’s (FDA) Pulmonary-Allergy Drug Advisory Committee (PADAC) voted 16:6 in favor for adults, and 17:5 in favor for children (<18 years of age and ≥30 kg), that available data support a favorable benefit-risk assessment for neffy in the treatment of severe allergic reaction (Type 1), including anaphylaxis,for adults and children who weigh more than 30kg.
ARS Pharmaceuticals is trading at $6.75, up $2.23 (+49.28%), on 1.16M premarket shares traded.
Its 52-week range is $2.92 to $9.23. It’s more than erased its past two days’ trading losses and, if trading volume remains strong could challenge its next couple of resistance levels.
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