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Lannett scientific chief bids adieu; shares ease 5%

Sep. 22, 2016 3:36 PM ETLannett Company, Inc. (LCINQ) StockBy: Douglas W. House, SA News Editor33 Comments
  • Lannett Company (NYSE:LCI -4.7%) slumps on double normal volume in apparent response to the news that chief of scientific affairs Mahendra Dedhiya, Ph.D., will resign effective October 21 to take a faculty position at Long Island University. He joined Lannett last year as part of the Silarx Pharmaceuticals acquisition.
  • A search for a new head of R&D is underway.

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