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TherapeuticsMD Gets FDA Approval for Supplemental New Drug Application for Birth Control Ring

10:09AM ET 5/20/2022 MT Newswires
TherapeuticsMD (TXMD) said Friday the US Food and Drug Administration has approved the supplemental new drug application for its Annovera birth control ring.

The company said the approval will allow it to increase supply by an additional 7,000 Annovera rings.

Annovera, a ring-shaped vaginal system with hormones used to prevent pregnancy, was approved by the FDA in August 2018.

TherapeuticsMD shares were up nearly 34% in recent early Friday morning trading.

Price: 3.10, Change: +0.83, Percent Change: +36.34