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Delay For Calliditas Kidney Drug Not Major Cause For Concern

FDA Extends Review For Nefecon

Executive Summary

Shares in Sweden's Calliditas have taken a tumble on the news that the US FDA has pushed back the action date for its immunoglobulin A nephropathy Nefecon. However, the company, and certain analysts, are less worried, believing the delay is just a blip.

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