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Milestone Pharma gains on FDA approval of nasal spray for patients with heart condition

ReutersDec 15, 2025 1:33 PM

Shares of Milestone Pharmaceuticals MIST.O surge 34.02% to $3.23 premarket

U.S. Food and Drug Administration on Friday approved Milestone's first commercial product, Cardamyst, a nasal spray for adults with a heart condition

The spray is designed to rapidly resolve episodes of paroxysmal supraventricular tachycardia - a type of irregular heartbeat - and restore sinus rhythm

The spray is expected to be available in retail pharmacies in Q1 2026

Up to last close, stock up 2% YTD

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