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Getting your player ready...

AspenBio Pharma Inc. said additional data analysis following a recent clinical trial likely will result in a delayed application for Food and Drug Administration clearance of its test for acute appendicitis.

Shares slumped 54 percent, $1.81, to close at $1.57 in Nasdaq trading Monday.

The Castle Rock-based pharmaceutical startup had expected to submit its application by late this month for the blood- based test, known as AppyScore.

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