Dusa shares crater on trial failure

Shares of Dusa Pharmaceuticals were hammered by the news that the developer is dropping development of its Levulan Photodynamic Therapy for moderate to severe acne it flunked a mid-stage trial. Its stock dropped 27 percent on the news that the therapy in combination with its BLU-U lighting-based treatment failed to demonstrate a significant response when compared to a group who received only the lighting-based treatment. Dusa release