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Rockwell Medical Technologies receives FDA OK for drug-delivery product

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Rockwell Medical Technologies, Inc. (Nasdaq: RMTI), a manufacturer and developer of renal drug therapies and essential dialysate products, reported today that the FDA has approved initiation of a National Institutes of Health (NIH) sponsored clinical study for its proprietary drug-delivery product SFP for chronic hemodialysis patients.

SFP is a water soluble form of iron designed to provide physiological-iron-maintenance-therapy for anemic ESRD patients

Shares of Rockwell Medical (RMTI) were halted in pre-market trading.