BioSante (BPAX), Teva (TEVA) Receive FDA Approval for Bio-T-Gel -Bloomberg

February 14, 2012 4:52 PM EST
Shares of BioSante Pharma (Nasdaq: BPAX) are rising after hours Tuesday following some Bloomberg headlines which suggest the company and Teva Pharma (Nasdaq: TEVA) have received FDA approval for Bio-T-Gel for men with low testosterone.

After closing at $0.761 this afternoon, shares are now trading around $0.855.


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