Article: FDA To Cardiome: More Data Needed To Clear Oxypurinol.

Washington Editor

Cardiome Pharma Corp.'s stock held steady Thursday after the company reported that the FDA wants additional clinical and manufacturing data before it will approve oxypurinol for gout.

The company's stock (OTC BB:COMRF) fell 8 cents Thursday to close at $5.32.

Bob Rieder, president and CEO of Vancouver, British Columbia-based Cardiome, said the gout opportunity is "very small," adding that the company's main focus is on its cardiovascular drug development programs.

Nevertheless, the FDA issued an approvable letter on the oxypurinol (Oxyprim) application, which was submitted in December under accelerated approval ...

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