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Questcor Pharmaceuticals, Inc. (QCOR) Message Board

  • sam_0534 sam_0534 Jun 7, 2013 2:07 PM Flag

    Off we go..

    Stock Market & Financial Investment News

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    June 7, 2013
    13:30 EDT QCOR, UNH Questcor rises after UnitedHealth issues policy update for Acthar
    Shares of drug maker Questcor Pharmaceuticals (QCOR) rose after a drug policy note about the company's H.P. Acthar gel was issued by insurer UnitedHealthcare (UNH). WHAT'S NOTABLE: In a note summarizing its coverage policy, with an effective date of June 1, UnitedHealth said Acthar is considered medically necessary for the treatment of infantile spasms for up to 4 weeks when a certain list of criteria are met. The insurer also listed specific situations where the drug is considered medically necessary for the treatment of acute exacerbations of multiple sclerosis, as well as other on-label indications. PRICE ACTION: Shares of Questcor rose 6.2% to $36.30 in afternoon trading following the publication of the policy note. Reference Link

    News For QCOR;UNH From The Last 14 Days

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