Rare disease-focused Eiger BioPharmaceuticals Inc. reached a quick decision on its Phase II candidate in pulmonary arterial hypertension after ubenimex failed to show a benefit in the primary or secondary endpoints in a Phase II study. The firm revealed Jan. 16 that it will cease development in that indication, while continuing a Phase II study with the same molecule in lymphedema.
Market analysts largely maintained a positive outlook, noting that PAH was not a major driver of the company's value. BTIG...







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