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Conshohocken life sciences firm applies for IPO

NuPathe Inc. has applied for IPO funding with the SEC for their creation of a patch that eases migraine pain, the Philadelphia Inquirer reports.
The specialty pharmaceutical company, which had 21 employees as of April 30, has been working on Zelrix, a single-use skin patch to treat migraines.

In its SEC filing, NuPathe said it completed a late-stage Phase III clinical trial in July 2009 of Zelrix, which would be a new way of administering sumatriptan, a widely prescribed migraine medicine. The company expects to submit a new-drug application with the Food and Drug Administration in the fourth quarter of this year.
Original Source: Philadelphia Inquirer
Read the full story here.


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