On Friday, shares of pharmaceutical company Zogenix Inc. ZGNX are skyrocketing, and as of 1:05 PM EST, the stock is trading up over 171% to $34.90 per share. ZGNX closed the day on Thursday at $12.88 per share, meaning the small …
Zogenix stock was halted during premarket hours after announcement of the news. (Reporting by Manas Mishra in Bengaluru; Editing by Sriraj Kalluvila and Patrick Graham)
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Sept 29 (Reuters) - Zogenix Inc’s experimental treatment for a rare form of epilepsy met the main goal in a late-stage study, the company said on Friday, more than doubling the value of its shares and hurting those of peer GW …