ARTICLE | Financial News
Noven hammered on profit warning
August 3, 2001 7:00 AM UTC
Noven (NOVN) was down $14.34 (43%) to $18.98 on 14 million shares on Friday after lowering its profit forecast for the remainder of the year. The drug delivery company said it has not received certain expected product orders for its estrogen transdermal delivery systems from partner Novartis (NVS; SWX:NOVN). ...