Neurocrine surges after FDA approval for neurological disorder medication

Shares of Neurocrine Biosciences Inc. surged in Tuesday’s extended session after the biotechnology company said it received Food and Drug Administration approval for Ingrezza to treat tardive dyskinesia, a neurological disorder. Ingrezza “is the first and only FDA-approved product indicated for the treatment of adults with TD,” said the company in a statement. Neurocrine shares jumped 13% after hours.

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