US FDA declines to approve Ascendis' hormone disorder therapy

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US FDA declines to approve Ascendis' hormone disorder therapy
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Ascendis Pharma A/S said on Monday the U.S. Food & Drug Administration had declined to approve the Danish drugmaker's experimental therapy to treat adult patients with a hormone disorder called hypoparathyroidism, citing concerns linked to manufacturing control of the drug and device combination.

said on Monday the U.S. Food & Drug Administration had declined to approve the Danish drugmaker's experimental therapy to treat adult patients with a hormone disorder called hypoparathyroidism, citing concerns linked to manufacturing control of the drug and device combination.

In a note on Friday, TD Cowen analyst Yaron Werber raised concerns about the lack of clarity around the FDA decision following the Ascendis' post-earnings conference late Thursday.

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