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» FDA Nixes Cellegy Pain Drug; Stock Takes Half-Off Nosedive
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FDA Nixes Cellegy Pain Drug; Stock Takes Half-Off Nosedive
April 29, 2002
By
Randy Osborne
Cellegy Pharmaceuticals Inc.’s stock tumbled more than 50 percent on news that the company is withdrawing the new drug application for Cellegesic, its nitroglycerin ointment for the treatment of pain from anal fissures. (BioWorld Today)
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