Tiny Apricus’ survival strategy nixed for now by FDA rejection of erectile dysfunction therapy, shares crater
A little less than two years after tiny, San Diego-based Apricus Biosciences $APRI decided to cut its staff and concentrate the survivors on an erectile dysfunction cream called Vitaros, the microcap outfit has run into another brick wall.
The FDA has handed the company a formal rejection, which Apricus says was triggered by CMC questions as well as “safety concerns specific to the 2.5% concentration of DDAIP.HCl contained in the current formulation.”
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