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Last A$0.03 AUD
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QRX On Other Exchanges
As of 12:16 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

qrxpharma ltd (QRX) Snapshot

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qrxpharma ltd (QRX) Details

QRxPharma Limited develops and commercializes biopharmaceutical products primarily in Australia. It develops proprietary Dual Opioid formulations for treating patients with moderate to severe acute or chronic pain. The company develops pain management products consisting of Moxduo Immediate Release, an oral capsule for the treatment of moderate to severe acute pain; Moxduo Controlled Release oral tablet for chronic pain; and Moxduo Intravenous formulation for hospital-based, post-surgical pain, as well as Pro-drug/Hybrid Dual Opioids. It also offers abuse prevention products, including Stealth Beadlets abuse deterrent technology. QRxPharma Limited is based in North Sydney, Australia.

qrxpharma ltd (QRX) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: A$441.2K
Chief Financial Officer and Company Secretary
Total Annual Compensation: A$262.8K
Senior Vice President of Global Business Deve...
Total Annual Compensation: A$326.6K
Senior Vice President of Regulatory Affairs a...
Total Annual Compensation: A$65.1K
Compensation as of Fiscal Year 2014.

qrxpharma ltd (QRX) Key Developments

Glancy Prongay & Murray LLP Announces the Filing of a Securities Class Action against QRx Pharma, Ltd

Glancy Prongay & Murray LLP announced the filing of a class action lawsuit on behalf of investors of QRx Pharma Ltd., who purchased shares between January 24, 2011 and April 23, 2014, inclusive. QRX investors have until August 21, 2015 to file a motion to serve as lead plaintiff in the class action. The complaint alleges that QRx Pharma issued false and misleading public statements and omitted material facts concerning the commercial prospects for its experiment drug Moxduo. Specifically, the complaint alleges that QRx Pharma failed to disclose to investors that it received a "no agreement letter" from the Food and Drug Administration regarding its Moxduo trials and further misrepresented and concealed other material facts concerning its attempts to get Moxduo approved. Upon the disclosure of an FDA memo which denied QRx Pharma's application to get Moxduo approved, the price of QRx Pharma ADRs plummeted over 83% on April 23, 2014.

The Rosen Law Firm Files Class Action Lawsuit on Behalf of Purchasers of QRx Pharma, Ltd American Depository Shares

The Rosen Law Firm announced that the filing of a class action lawsuit on behalf of purchasers of QRx Pharma Ltd. American Depository Shares from January 24, 2011 through April 23, 2014, both dates inclusive (the ‘class period’). The lawsuit seeks to recover damages for QRx Pharma investors under the federal securities laws. According to the lawsuit, the company made false and/or misleading statements concerning the commercial prospects for its experimental drug Moxduo. Specifically, the company failed to disclose that it received a 'no agreement letter' from the FDA regarding its trials for Moxduo. When the true details entered the market, the lawsuit claims that investors suffered damages. A class action lawsuit has already been filed.

QRxPharma Limited(ASX:QRX) dropped from S&P/ASX All Ordinaries Index

QRxPharma Limited(ASX:QRX) dropped from S&P/ASX All Ordinaries Index


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