FDA rejects Acer's rare disease drug, asks for new trial — shares crate

FDA rejects Acer's rare disease drug, asks for new trial — shares crate

Source: 
Endpoints
snippet: 

Acer Therapeutics’ bid to repurpose celiprolol — a beta-blocker on the market for hypertension — as a treatment for a rare, inherited connective tissue disorder has hit a severe setback. The Newton, Massachusetts-based company on Tuesday said the FDA rejected the drug and has asked for another clinical trial.