Pfenex Still Waiting For FDA Teriparatide Equivalence Designation

US-Based Firm Is Confident Coronavirus Will Not Impact Prospects

Hailing the past year as a "transformational period" in which "we moved towards being a business with an FDA-approved product nearing commercialization," Pfenex ended 2019 in profit and with cash in the bank, as it eyes the potential for a monopoly in the follow-on teriparatide market.

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Pfenex is in position for a period of monopoly on the follow-on teriparatide market • Source: Shutterstock

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