XenoPort Rallies Almost 70 percent on Drug Approval
April 07, 2011 at 12:41 PM EDT
XenoPort Inc. (XNPT) spiked 65 percent to $10.49 and rallied to $11.34 earlier, the most intraday since the shares were listed in June 2005, after the drugmaker and partner in commercialization GlaxoSmithKline Plc (GSK) won US approval to sell a new drug, Horizant, for restless legs syndrome [RLS]after more than a year of delays. The [...]