XenoPort, Inc. XNPT today issued the following statement:
“The XenoPort Board of Directors has received the letter sent today from the Clinton Group. The XenoPort Board and management team appreciate stockholder input regarding the company, and we will continue to review all aspects of the company's business. We remain focused on enhancing stockholder value and welcome stockholder input regarding this objective.”
About XenoPort
XenoPort, Inc. is a biopharmaceutical company focused on developing and commercializing a portfolio of internally discovered product candidates for the potential treatment of neurological disorders. XenoPort is currently commercializing HORIZANT® (gabapentin enacarbil) Extended-Release Tablets, its first approved product in the United States, and developing a novel fumaric acid ester product candidate, XP23829, as a potential treatment for relapsing-remitting multiple sclerosis and/or psoriasis. REGNITE® (gabapentin enacarbil) Extended-Release Tablets is being marketed in Japan by Astellas Pharma Inc. XenoPort's pipeline of product candidates also includes potential treatments for patients with spasticity related to spinal cord injury and Parkinson's disease.
To learn more about XenoPort, please visit the company Website at www.XenoPort.com.
HORIZANT, REGNITE and XENOPORT are registered trademarks of XenoPort, Inc.
XNPT2G
XenoPort
Jackie Cossmon, 408-616-7220
ir@XenoPort.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.