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ARS Pharmaceuticals shares drop 23% after no new formulary additions for Neffy in July 2026 cycle

Market News
29 Jun 2026
PRNewsWire
View Source
Bearish
pluang ai news

ARS Pharmaceuticals' stock fell over 23% after the company disclosed that its epinephrine nasal spray, Neffy®, received no new commercial formulary additions or payer coverage in the July 1, 2026 review cycle. This came despite prior management projections that Neffy would be added to major formularies like CVS Caremark by this date. The lack of new coverage has raised concerns among investors and triggered a securities investigation by Levi & Korsinsky, LLP into potential misleading statements about coverage timelines. Investors who suffered losses are encouraged to contact the law firm for legal advice.

More News

YMCA and Capital Power partner to send 600 kids to summer camp with financial aid.

YMCA and Capital Power partner to send 600 kids to summer camp with financial aid.

YMCA of Northern Alberta and Capital Power have teamed up to send 600 children to summer camp who otherwise could not afford it. Capital Power's three-year commitment supports access to various YMCA camps and programs that build confidence and commun...

Others
Neutral
2 hours ago
Fidelity Advisor Series VIII increases stake in Renk Group AG to 3.23%

Fidelity Advisor Series VIII increases stake in Renk Group AG to 3.23%

Fidelity Advisor Series VIII has increased its voting rights in Renk Group AG to 3.23% as of June 24, 2026. This includes 3.04% voting rights attached to shares and 0.19% through stock loan instruments. The total voting rights represent a significant...

Market News
Neutral
2 hours ago
Fidelity Advisor Series VIII increases voting rights in Renk Group AG to 3.23%.

Fidelity Advisor Series VIII increases voting rights in Renk Group AG to 3.23%.

Fidelity Advisor Series VIII, based in Boston, has raised its voting rights stake in Renk Group AG to 3.23% as of June 24, 2026. This includes 3.04% direct voting rights and 0.19% through stock loan instruments. The total voting rights are based on 1...

Market News
Neutral
2 hours ago
No buybacks of cooperative investment certificates reported by CRCAM Toulouse for week of June 22-26, 2026

No buybacks of cooperative investment certificates reported by CRCAM Toulouse for week of June 22-26, 2026

CRCAM Toulouse announced that no repurchases of its cooperative investment certificates (CCI) were made during the week of June 22 to June 26, 2026. This update is part of their regular weekly disclosure on CCI transactions, reflecting no activity in...

Market News
Neutral
2 hours ago
Trinity Biotech ends equity line of credit with Yorkville, shifting its financing strategy.

Trinity Biotech ends equity line of credit with Yorkville, shifting its financing strategy.

Trinity Biotech plc has terminated its Standby Equity Purchase Agreement with Yorkville Advisors, signaling a change in its financing approach. The company no longer plans to use this equity line of credit facility, reflecting a strategic decision to...

Company Fundamentals
Neutral
4 hours ago
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