UltraGenyx (rare) falls 26% because the new treatment cannot get FDA green light


UltraGenyx Pharmaceutical Inc. (Nasdaq: rare) one Shares drowned too much. You hold any one?

UltraGenyx reduced 26.05 percent as an investor mood, because the mood for the mood mainly food and medication (FDA), the Biological License application for its UX111 (ABO-102) was rejected.

In the regulatory document, Ultraggyx Pharmacy Inc. (NASDAQ: Nadir) said the FDA demanded additional information and development related to the aspects of the FDA specified Chemistry, Production and Management (CMC).

He added that observations are not related to the quality of the product, that many issues have been resolved.

UX111 is designed to treat a general type of genetic conditions that start in early childhood and cause severe brain damage and early death.

UltraGenyx (rare) falls 26% because the new treatment cannot get FDA green light
UltraGenyx (rare) falls 26% because the new treatment cannot get FDA green light

A research group in a laboratory through microscopes in biological product.

Treatment includes managing symptoms because there are currently no disease variable drugs.

UltraGenyx said that after resolving the concerns of the concerns of Pharmaceutical Inc. (NASDAQ), the existing patients plan to re-send updated clinical data. A new study may take six months other than re-sending the revised Bla application.

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Disclosure: No. This article was first published Insayer monkey.



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