12:15 PM EST - Intellipharmaceutics International Inc : said it filed abbreviated new drug application with U.S. Food and Drug Administration for a generic of Protonix, or delayed release pantoprazole sodium. According to the company, Protonix inhibits gastric acid secretion and is prescribed for the short-term treatment of conditions such as stomach ulcers associated with gastroesophageal reflux disease as well as the long term treatment of pathological hypersecretory conditions including Zollinger-Ellison syndrome. Intellipharmaceutics International Inc.
shares T.I are trading up $0.27 at $2.54.