Zealand falls after US FDA rejects infant hypoglycemia drug
** Shares of Zealand Pharma ZELA.CO fall 3.5%
** The U.S. FDA on Tuesday declined to approve the Danish biotech firm's dasiglucagon drug for treating low blood sugar in infants with a rare genetic disorder
** The rejection marks the second time the FDA has turned down dasiglucagon, citing issues with a third-party manufacturing facility, the company said in a statment
** Wednesday's losses wiped off 2.0 billion Danish crowns ($293.9 million) from company's market cap
($1 = 6.8054 Danish crowns)
Reporting by Jesus Calero
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