October 8, 2018 / 12:34 PM / 11 days ago

BUZZ-Bausch Health: Rises as plaque psoriasis lotion gets tentative FDA nod

** Canadian drugmaker’s U.S.-listed shares up 1.4 pct after tentative FDA approval to market its plaque psoriasis lotion, Bryhali

** Canadian drugmaker plans to launch the lotion in November after receiving final approval from the FDA

** Last month, company resolved intellectual property litigation related to its bowel disorder drug, Xifaxan, with Actavis Laboratories, sending its shares up by about 14 pct on the day

** Stock 7.4 pct away from 52-week high it hit last Tuesday; stock up 27 pct this year (Reporting by Medha Singh in Bengaluru)

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