anonymous
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anonymous
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This was just posted September 1st, 2015.....
Lantheus (NASDAQ:LNTH) had a labeling revision for Definity, an ultrasound contrast agent indicated for use in patients with suboptimal echocardiograms to opacify the left ventricular chamber and to improve the delineation of the left ventricular endocardial border. It comes with warning of rare occurrences of cardiopulmonary reactions. Definity had revenue of $278 million in the quarter ending June 2015, up 21% from the same quarter last year.
"rare occurrences of cardiopulmonary reactions" means there have been enough so that FDA required the labeling warning. $278 million in sales for the quarter is a good number. Remains to be seen if it is repeatable quarter after quarter, or if they just flooded the market with product ahead of the IPO stock offering for window dressing.