failed trials
Tonix Pharmaceuticals Abandons Depression Drug Post-Phase 2 Failure
Anika Sharma
Tonix Pharmaceuticals has experienced a setback in its pipeline as it discontinues the development of a major depression disorder (MDD) ...
Evelo seeks new partner after microbiome platform fails to beat placebo
Anika Sharma
In a series of unfortunate turns, Evelo Biosciences, a biotech company backed by Flagship Ventures and that went public in ...
Sotio halts trials of IL-15 drug in solid tumors due to lack of efficacy, casting doubt on cytokine’s potential
Anika Sharma
Sotio Biotech has decided to halt ongoing studies of its IL-15 superagonist, nanrilkefusp alfa, due to insufficient efficacy in clinical ...
Acelyrin’s lead drug flops in phase 3 trial, wiping out half of its market value
Anika Sharma
Acelyrin, a biotech company based in Los Angeles, has delivered a shocking blow to its investors. Despite successfully raising an ...
