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Alzheimer’s drug failure sends Lundbeck’s shares crashing

04:53 EDT 23 Sep 2016 | Pharmafile

Lundbeck’s experimental idalopirdine has failed to meet its primary endpoint in its first Phase III trial in the treatment of Alzheimer’s.

The company saw its shares fall by 17% as a result of the news, its biggest drop in four years. The study could not reproduce the promising findings of earlier studies, with the drug failing to improve symptoms of the disease according to the Alzheimer’s Disease Assessment Scale-cognitive (ADAS-cog).

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Original Article: Alzheimer’s drug failure sends Lundbeck’s shares crashing

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