Tag: <span>Provention prices</span>

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Provention prices diabetes drug above analysts’ estimates at $13,850/vial

By Raghav Mahobe and Nandhini Srinivasan Nov 18 (Reuters) – Provention Bio Inc (PRVB.O) has priced its diabetes drug teplizumab at $13,850 a vial, it said on Friday, a day after receiving U.S. approval and far higher than some analysts’ expectations. The company’s shares reversed course from premarket gains to trade down nearly 12% as the high pricing stoked fears...