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FDA Nixes Cellegy Pain Drug; Stock Takes Half-Off Nosedive

By Randall Osborne


Monday, April 29, 2002
Cellegy Pharmaceuticals Inc.’s stock tumbled more than 50 percent on news that the company is withdrawing the new drug application for Cellegesic, its nitroglycerin ointment for the treatment of pain from anal fissures. (BioWorld Today)

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