Marinus Pharmaceuticals Reports Phase 3 TrustTSC Trial Of Oral Ganaxolone In Tuberous Sclerosis Complex Did Not Meet Primary Endpoint; Begins Exploring Strategic Alternatives, Implements Cost Reduction Measures And Workforce Cuts
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Marinus Pharmaceuticals announced that its Phase 3 TrustTSC trial of oral ganaxolone in treating Tuberous Sclerosis Complex did not meet its primary endpoint. The company is now exploring strategic alternatives and implementing cost reduction measures, including workforce cuts.
October 24, 2024 | 12:01 pm
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Marinus Pharmaceuticals' Phase 3 trial for ganaxolone in Tuberous Sclerosis Complex failed to meet its primary endpoint. The company is exploring strategic alternatives and implementing cost reduction measures, including workforce cuts.
The failure to meet the primary endpoint in a Phase 3 trial is a significant setback for Marinus Pharmaceuticals, likely leading to a negative impact on its stock price. The company's decision to explore strategic alternatives and implement cost reduction measures, including workforce cuts, indicates financial strain and uncertainty about future prospects.
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