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FDA lifts hold on Versartis' growth hormone; shares rocket

This article was originally published in Scrip

Executive Summary

Shares of Versartis rocketed 33.2% on 6 July after the FDA lifted the partial clinical hold on the firm's investigational new drug application for its long-acting form of recombinant human growth hormone (rhGH) VRS-317, which is being investigated to treat growth hormone deficiency (GHD).

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