Aralez resubmits to FDA New Drug Application for YOSPRALA

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Aralez Pharma (ARLZ) Misses Q4 EPS by 12c; Announces Resubmission of YOSPRALA NDA

March 15, 2016 7:52 AM EDT

Aralez Pharma (NASDAQ: ARLZ) reported Q4 EPS of ($0.40), $0.12 worse than the analyst estimate of ($0.28). Revenue for the quarter came in at $5.97 million versus the consensus estimate of $10.41 million.

GUIDANCE:

Aralez Pharma sees FY2016 revenue of $48-58 million, versus the consensus of $54.8 million.

Update:

Aralez also announced that it has resubmitted to the U.S. Food and Drug Administration ("FDA") the New Drug Application ("NDA") for its investigational candidate, YOSPRALA (PA32540/PA8140) for the secondary... More