Things don't look good for NGM's Merck-partnered eye asset as phase 2 fail sends stock plummeting

Things don't look good for NGM's Merck-partnered eye asset as phase 2 fail sends stock plummeting

Source: 
Fierce Biotech
snippet: 

As NGM Biopharmaceuticals’ phase 2 trial misses the mark, dreams for its Merck & Co.-partnered macular degeneration treatment may be disappearing from sight.