In the following video, Motley Fool health-care analyst David Williamson discusses Zoegenix's 30% leap, as the FDA delays approval for its pain medication Zohydro. A delay would make very little sense if the FDA were planning to reject the drug, and the company has stated that the FDA says this delay will be brief. David tells us why this is surprising, and what is driving the market's reaction.
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The article Is Zoegenix on the Verge of FDA Approval? originally appeared on Fool.com.
David Williamson and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.