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FDA rejects Acorda seizure drug Plumiaz; shares drop

This article was originally published in Scrip

Executive Summary

Shares of Acorda Therapeutics fell 11% on 2 May after the company revealed it had received a complete response letter (CRL) from the FDA for the firm's diazepam nasal spray drug Plumiaz as a treatment for patients with epilepsy who experience cluster seizures.

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