Shares of US cancer drug developer Tesaro (Nasdaq: TSRO) dipped 2.48% to $142.028 by mid-morning trading today, after the company revealed that the US regulator had rejected approval of its intravenous presentation of rolapitant.
It said the US Food and Drug Administration has issued a Complete Response Letter (CRL) regarding the rolapitant IV (intravenous) New Drug Application (NDA) for the prevention of delayed nausea and vomiting associated with initial and repeat courses of emetogenic cancer chemotherapy.
The FDA requested additional information regarding the in vitro method utilized to demonstrate comparability of drug product produced at the two proposed commercial manufacturers for rolapitant IV that were included in the NDA. Tesaro says it is working expeditiously to provide the requested information.
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