Biopharmaceutical Company’s Stock Plunges 75% After FDA Rejects New Drug
WHITE OAK, MD – JULY 20: A sign for the Food And Drug Administration is seen outside of the headquarters on July 20, 2020 in White Oak, Maryland. Sarah Silbiger/Getty Images Applied Therapeutics’ stock plummeted 75 percent after the Food and Drug Administration (FDA) rejected approving govorestat as a treatment for galactosemia. The stock closed … Read more