• Tue news: Pfizer explores sale of hospital drugs unit. FDA declines full approval of Ocaliva. AZ better than expected Q3 results. Pfizer, Lilly telehealth platforms draw scrutiny. 23andMe cutting lays off 40%. See more on our front page

A tiny biotech racks up another PhIII fail, crippling its share price

cafead

Administrator
Staff member
  • cafead   Aug 30, 2021 at 11:02: AM
via Close to 3 years after tiny Belgian biotech Bone Therapeutics crashed on the Phase III failure of its treatment for osteonecrosis, it’s back with another pivotal flop.

This time the Phase III failure is for their “viscosupplement” JTA-004 for osteoarthritis, which went down on the primary and both secondary endpoints. The primary endpoint was a reduction in knee pain at 3 months compared against a placebo.

article source