NEW YORK--(BUSINESS WIRE)--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Elanco Animal Health Incorporated (“Elanco” or “the Company”) (NYSE: ELAN). Investors who purchased Elanco securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/ELAN.
Investigation Details
On June 27, 2024, Elanco issued a press release “announc[ing] updates to the expected U.S. Food and Drug Administration (FDA) approval timelines for Zenrelia and Credelio Quattro. The press release stated that Zenrelia is expected to receive FDA approval in the third quarter of 2024, leading to a potential commercial launch in the fourth quarter of 2024. The Company had previously set a launch timeline for the third quarter of 2024. The press release also stated that Credelio Quattro is expected to receive FDA approval in the fourth quarter of 2024, while the Company had previously set an approval timeline for the third quarter of 2024. Following this news, Elanco stock dropped $3.69 per share, or 20.53%, to close at $14.28 on June 27, 2024.
What's Next?
If you are aware of any facts relating to this investigation or purchased Elanco securities, you can assist this investigation by visiting the firm’s site: bgandg.com/ELAN. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660.
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