On January 3, 2017, after market hours, Agile revealed data from its Phase 3 SECURE study evaluating Twirla, its combined hormonal contraceptive patch, following the U.S. Food and Drug Administration request, following its rejection of Agile's 2013 initial marketing application. During a press release, Agile indicated "positive top-line results" in the study, but related that 1.7% of subjects suffered "serious adverse events" including "deep vein thrombosis, pulmonary embolism, gallbladder disease, ectopic pregnancy and depression." Additionally, 51.4% of subjects withdrew from the study. Following this news, Agile stock has dropped as much as $3.18 per share, or 63.6%, to $1.82 during intraday trading on January 4, 2017.
If you are aware of any facts relating to this investigation, or purchased Agile shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/agrx. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Hurwitz
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