Rockwell Medical (RMTI) Stock Rockets On Regulatory Approval

Rockwell Medical

Rockwell Medical Inc (NASDAQ: RMTI) is screaming for the top in the market this morning, and for good reason. The company announced a new regulatory approval, setting the stage for a new revenue opportunity. Here’s what’s going on:

RMTI Announces Regulatory Approval

In a press release issued early this morning, Rockwell Medical said Jeil Pharmaceutical, its South Korean partner, has received regulatory approval by the Ministry of Food and Drug Safety, or MFDS, in the Republic of Korea. 

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This article originally appeared at CNA Finance.