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GeoPharma receives FDA approval for dog drug

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Pharmaceutical company GeoPharma, Inc. (Nasdaq: GORX) reported this morning that it received an approval from the U.S. Food and Drug Administration to begin producing Carprofen.

Carprofen, which is commonly marketed by Pfizer as “Rimadyl,” is a non-steroidal anti-inflammatory drug that is used by veterinarians for the relief of pain and inflammation associated with osteoarthritis in dogs.

Additionally, Carprofen is often used in the treatment of post-operative pain associated with soft tissue and orthopedic surgeries in dogs.

Shares of GeoPharma (GORX) were halted in pre-market trading.