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Biotech Drug Trials Face Setbacks
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Argenx's subcutaneous autoimmune drug Vyvgart Hytrulo failed to meet primary and secondary endpoints in a Phase III rare bleeding disorder trial, leading to an 8% stock price drop. Acelyrin experienced a significant drop in stock price following an error in the dosing sequence for its clinical development program, causing a review of its lead prospect, izokibep. The biotech is no longer working with the contract research organization responsible for the dosing errors.
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How do setbacks in biotech drug trials affect the development and commercialization of new treatments?
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