DALLAS, May 9, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring DepoMed Inc. (Nasdaq:DEPO). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at:
DepoMed Inc. (DEPO) is a specialty pharmaceutical company focused on the development and commercialization of differentiated products that are based on oral drug delivery technologies. Since its inception, the Company has advanced two products to market and has developed a pipeline with late-stage product opportunities intended to address common medical conditions affecting large patient populations.
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In the report, the analyst notes:
"DEPO shares advanced Friday after the drug maker reported additional positive Phase III data for Gralise, the Company's once-daily formulation of gabapentin for management of postherpetic neuralgia (PHN)."
"DEPO has secured U.S. FDA approval for Gralise in January this year. Two months later, DEPO and its former licensee, Abbott Products, terminated their Gralise exclusive license agreement and the rights to Gralise reverted back to DEPO. The drug is expected to be available in pharmacies by the end of the year."
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