Jazz Pharmaceuticals Provides Update On Cannabidiol Oral Solution Phase 3 Trial In Japan In Treatment-Resistant Epilepsies
Portfolio Pulse from Benzinga Newsdesk
Jazz Pharmaceuticals announced that their Phase 3 trial in Japan for cannabidiol oral solution did not meet the primary efficacy endpoint for treatment-resistant epilepsies, though some numeric improvements were noted. No new safety concerns were identified.
August 22, 2024 | 8:11 pm
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Jazz Pharmaceuticals' Phase 3 trial in Japan for their cannabidiol oral solution did not meet the primary efficacy endpoint, but showed numeric improvements in seizure frequency. No new safety issues were reported.
The trial's failure to meet the primary efficacy endpoint is likely to negatively impact investor sentiment and short-term stock price, despite some numeric improvements and no new safety issues. The market often reacts negatively to unmet primary endpoints in clinical trials.
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