Novartis AG’s asthma hopes have been dented somewhat by a Phase III miss for its small molecule candidate QAW039 (fevipiprant). In a note buried in its third-quarter results announcement, the group revealed that the oral product had failed to reach the primary efficacy endpoint of forced expiratory volume (FEV1) improvement in two Phase III trials in patients with moderate asthma. The safety profile was, however, clean.
The negative result means the weight of expectation increases for another pair of Phase III studies, LUSTER 1 and 2,...





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