Tim Dyer, Addex Therapeutics CEO

As Covid-re­lat­ed chal­lenges weigh on pa­tient re­cruit­ment, biotech scraps PhI­Ib/III Parkin­son's pro­gram

More than two years af­ter lit­tle Swiss biotech Ad­dex Ther­a­peu­tics post­poned a Phase IIb/III tri­al in­def­i­nite­ly due to the then-nascent Covid-19 pan­dem­ic, it’s throw­ing in the tow­el.

As with two years ago, Covid was to blame.

“We took this de­ci­sion be­cause it was not fea­si­ble to con­tin­ue the study at such a slow re­cruit­ment rate in the cur­rent en­vi­ron­ment. I’d like to em­pha­size that it was not dipraglu­rant re­lat­ed and we con­tin­ue to be­lieve in the po­ten­tial of this com­pound as a treat­ment for PD-LID,” CEO Tim Dy­er said in a state­ment.

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