financetom
Business
financetom
/
Business
/
Takeda Says Phase 3 Soticlestat Trials in Dravet, Lennox-Gastaut Syndromes Missed Primary Endpoints
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Takeda Says Phase 3 Soticlestat Trials in Dravet, Lennox-Gastaut Syndromes Missed Primary Endpoints
Jun 17, 2024 5:17 AM

07:59 AM EDT, 06/17/2024 (MT Newswires) -- Takeda Pharmaceutical ( TAK ) said Monday its phase 3 trials evaluating soticlestat to treat refractory Dravet syndrome and Lennox-Gastaut syndrome missed the primary endpoints.

The study evaluating soticlestat in participants with Dravet syndrome "narrowly missed" the primary endpoint of reduction from baseline in convulsive seizure frequency compared to placebo, while the study in Lennox-Gastaut syndrome missed the novel primary endpoint of reduction from baseline in major motor drop seizure frequency compared to placebo, according to Takeda.

Soticlestat, an investigational inhibitor of cholesterol 24-hydroxylase, demonstrated "clinically meaningful and nominally significant results" in some secondary points in the Dravet trial, the company said.

Takeda said it is conducting further analyses and evaluating the financial effects of the trial results, including impairment loss for intangible assets, on fiscal Q1 ending June 30.

Price: 12.99, Change: -0.11, Percent Change: -0.84

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved