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Aeterna Zentaris tanks on FDA Macrilen rejection

This article was originally published in Scrip

Executive Summary

Shares of Canadian biotech Aeterna Zentaris plummeted nearly 56% on 6 November after the FDA rejected the company's new drug application (NDA) for Macrilen (macimorelin acetate), an ghrelin agonist, for use in evaluating adult growth hormone deficiency (AGHD).

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