ASLAN Pharmaceuticals shares are trading lower after the company said the eblasakimab 400mg Q4W dosing arm did not meet the primary or secondary endpoints with statistical significance.
Portfolio Pulse from Benzinga Newsdesk
ASLAN Pharmaceuticals announced that the eblasakimab 400mg Q4W dosing arm did not meet the primary or secondary endpoints with statistical significance, leading to a drop in its share price.
July 06, 2023 | 12:25 pm
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NEGATIVE IMPACT
ASLAN Pharmaceuticals' stock price is trading lower due to the failure of the eblasakimab 400mg Q4W dosing arm to meet its primary or secondary endpoints.
The failure of a pharmaceutical company's drug to meet its primary or secondary endpoints is typically seen as a negative event, as it indicates that the drug may not be as effective as hoped. This can lead to a decrease in investor confidence, which can in turn lead to a drop in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100