With the ink on their $25M Astellas deal still drying, Aquinox shares get blasted on PhIII failure

With the ink on their $25M Astellas deal still drying, Aquinox shares get blasted on PhIII failure

Source: 
Endpoints
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Just weeks after Astellas agreed to pay Aquinox Pharmaceuticals $25 million upfront for Asian rights to their lead drug rosiptor, the little biotech says their Phase III trial was a complete disaster, leaving nothing to salvage.