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FDA OKs expanded label for Sonoma Pharma's Alevicyn Dermal Spray; shares ahead 10% premarket

Published 11/16/2017, 08:42 AM
© Reuters.  FDA OKs expanded label for Sonoma Pharma's Alevicyn Dermal Spray; shares ahead 10% premarket
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  • Thinly traded nano cap Sonoma Pharmaceuticals (NASDAQ:SNOA) is up 10% premarket on light volume in response to its announcement that the FDA has approved a revision to the label of Alevicyn Dermal Spray to include antimicrobial language and antimicrobial data against clinically relevant microorganisms.
  • President, Dermatology Divsion Jeff Day says, “This important FDA milestone further validates Alevicyn’s antimicrobial activity against clinically relevant microorganisms and provides additional on-label evidence of patient benefits. These new claims differentiate Alevicyn from topical steroids and should help propel our sales growth even faster as a strong alternative to those older products.”
  • Now read: Sonoma Pharmaceuticals, Inc. 2018 Q2 - Results - Earnings Call Slides


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