Business
Palla Pharma (ASX:PAL) share price rockets 30% higher. Here’s why
The Palla Pharma Ltd (ASX: PAL) share price is among the top performers on the ASX market today. This comes after the company announced that it had received approval to change its manufacturing site to its Norway production facility.
During late afternoon trade, shares in the opiate-based pain relief medicine company are up 30.3% to 73 cents. It’s worth noting that the company’s shares rose to an intraday high of 82 cents in the first hour of market open.
Production facility change
The Palla Pharma share price is on the move after reporting a significant tailwind in its operations.
In today’s release, Palla Pharma advised that United Kingdom’s medicines regulator, MHRA, has given the green light to change the manufacturing…
-
Noosa News23 hours agoQld CFMEU labels David Crisafulli’s vow to rid state of union ‘offensive and dangerous’
-
Business22 hours ago9 ASX shares including Nuix and PolyNovo dumped from ASX 200
-
Noosa News23 hours agoThree Bartender-Approved Peanut Butter Whisky Cocktails
-
Noosa News22 hours agoUnderstanding the conflict conundrum – Proctor