Press release
Investors who lost money with shares of Elanco Animal Health Incorporated (NYSE: ELAN) should contact the Shareholders Foundation in connection with Investigation
An investigation for investors in Elanco Animal Health Incorporated (NYSE: ELAN) shares over potential securities laws violations
Investors who purchased shares of Elanco Animal Health Incorporated (NYSE: ELAN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Elanco Animal Health Incorporated (NYSE: ELAN) concerning whether a series of statements by Elanco Animal Health Incorporated regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Greenfield, IN based Elanco Animal Health Incorporated, an animal health company, innovates, develops, manufactures, and markets products for pets and farm animals. Elanco Animal Health Incorporated reported that its annual Total Revenue rose from $4.411 billion in 2022 to $4.417 billion in 2023, and that its Net Loss increased from $78 million in 2022 to over $1.23 billion in 2023.
On June 27, 2024 Elanco Animal Health Incorporated announced "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.
Shares of Elanco Animal Health Incorporated (NYSE: ELAN) declined from $18.65 per share on June 5, 2024, to $12.57 per share on July 19, 2024.
Those who purchased shares of Elanco Animal Health Incorporated (NYSE: ELAN) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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