Japan Pharma Giant Takeda's Anti-Seizure Treatment Flunks In Two Late-Stage Studies
Portfolio Pulse from Vandana Singh
Takeda Pharmaceutical Co Ltd (NYSE:TAK) announced that its anti-seizure treatment, Soticlestat, failed to meet primary endpoints in two Phase 3 studies for Dravet and Lennox-Gastaut syndromes. Despite some positive secondary outcomes, the primary goals were narrowly missed. Takeda plans to discuss the results with regulatory authorities.
June 17, 2024 | 12:41 pm
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Takeda's Soticlestat failed to meet primary endpoints in two Phase 3 studies, leading to a 0.38% drop in premarket trading. The company will discuss the results with regulatory authorities.
The failure to meet primary endpoints in late-stage studies is a significant setback for Takeda's Soticlestat, impacting investor sentiment negatively. The slight premarket drop reflects this. Further regulatory discussions may provide more clarity but the immediate impact is negative.
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