QRxPharma is a pain drug developer. So far over 1,000 (bunion, knee and hip replacement) patients have used its lead product called MoxDuo IR (immediate release) in a post surgical setting with positive results being achieved.
QRxPharma hit a speed bump in June 2012 when it sought approval of MoxDuo from the regulator in the US. Following this announcement, the share price fell almost 70%.
QRX's CEO Dr John Holaday explains what happened with the regulator and what the next steps are to gain approval. An intriguing situation has unfolded.
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