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Friday, March 8, 2019

Insys falls after hiring banker to advise on Subsys divestment

Drug maker Insys Therapeutics has enlisted investment banking firm Lazard to advise on its intentions “to explore strategic options and is in talks to divest its fentanyl sublingual spray Subsys, sending the company’s shares down 15% percent in after-hours trading, according to a report out of Reuters.
https://thefly.com/landingPageNews.php?id=2876473

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