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Xeris Pharmaceuticals (XERS) shares sold off prior to Gvoke’s PDUFA date on June 10th. However, the selling pressured subsided dramatically after the company reported that on June 5th, the FDA extended Gvoke’s PDUFA date by 90 days due to a major amendment to the NDA. An FDA decision to extend the review date normally is restricted to circumstances where a review of the fresh material might address an unresolved concern that is preventing approval before the expected PDUFA date. According to the company’s press release, the FDA has not