stock_news_summaries_AI / news /AMGN /2023.02.28 /U.S. FDA declines to approve Cytokinetics' heart drug.txt
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Feb 28 (Reuters) - Cytokinetics Inc said on
Tuesday the U.S health regulator declined to approve its oral
drug for a type of heart failure, citing lack of sufficient data
to show the drug was effective.The U.S. Food and Drug Administration's decision comes after
a panel of outside experts in December recommended against
allowing the use of the drug due to safety concerns.
(Reporting by Pratik Jain and Bhanvi Satija in Bengaluru;
Editing by Shinjini Ganguli)