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Relypsa Plunges After Veltassa FDA Approval; Wedbush Says 'Misunderstanding' Creates Buying Opportunity
Thursday, October 22, 2015 - 12:58pm | 364Relypsa Inc (NASDAQ: RLYP) confirmed that the FDA has approved patiromer Veltassa for the treatment of hyperkalemia. However, a misunderstanding has created a buying opportunity, Wedbush analysts assured in a report issued Thursday. The stock was down more than 18 percent on Thursday trading...