This Biotech Small-Cap Has Big Ambitions
Female-condom maker Female Health Co./Veru Healthcare (FHCO) has floundered recently, but management hopes that a 2016 merger with a late-stage-drug developer could be just what the doctor ordered for the firm. FHCO combined in October with Aspen Park Pharmaceuticals in an all-stock deal to become "Female Health Co./Veru Healthcare," with plans to diversify its portfolio to include drugs for men.