The Only FDA-Approved CBD Treatment For Severe Epilepsy Completes Key Phase 3 Trial In Japan Despite Missed Primary Goal
Portfolio Pulse from Nina Zdinjak
Jazz Pharmaceuticals reported results from a Phase 3 trial in Japan for Epidiolex, a CBD treatment for severe epilepsy. The trial did not meet its primary goal but showed numeric improvements and no new safety issues. Jazz plans to engage with Japanese regulatory authorities for a potential new drug application.
August 23, 2024 | 1:15 pm
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Jazz Pharmaceuticals' Epidiolex Phase 3 trial in Japan did not meet its primary goal but showed numeric improvements and no new safety issues. The company plans to engage with Japanese regulators for a potential new drug application.
The trial's failure to meet its primary goal likely contributed to the 4.36% drop in Jazz Pharmaceuticals' stock price. However, the numeric improvements and absence of new safety issues provide some positive aspects. The company's plan to engage with Japanese regulators indicates a potential for future developments, but the immediate market reaction is negative.
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