Polarean Imagination says FDA rejects New drug application, shares slump

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    dianneb347012
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    <br>Oct 6 (Reuters) – Polarean Imagery said on Wednesday the U.S.
    Food and Dose Governing body did not O.K. its application for a unexampled drug-device compounding product, sending its shares billowing 60%.<br> <br>The clinical-point company, which is devising a cartesian product that uses Magnetic resonance thermal imaging Camera engineering to helper name lung disease, identify and admonisher the treatment, aforementioned the U.S.

    drug governor had issues that were “technical or manufacturing-related in nature”.<br> <br>The ship’s company said it would lick on the issues identified by the FDA and that it plans to feed back a freshly dose lotion for the production as presently as conceivable.<br> <br>Polarean’s shares were bolt down 57% at 44.25 pence at 1341 GMT, hitting a one-year low-down.

    (Reporting by Yadarisa Shabong in Bengaluru; Redaction by Maju Samuel)<br>

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