ASND is continuing a long slide but just received FDA Approval on May 16??? why

danv

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ASND is continuing a long slide but just received FDA Approval on May 16??? why

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I suppose mostly because a different drug in the pipeline on May 15 was delayed, "Ascendis Pharma A/S (NASDAQ:ASND) announced that the FDA extended the review date for TransCon PTH (palopegteriparatide) for adults with hypoparathyroidism to Aug. 14 2024"
 
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