
UPDATED: Athira’s alternative Alzheimer’s approach runs into a PhII brick wall
Athira Pharma reported another setback Wednesday as its mid-stage Alzheimer’s study failed, becoming the latest biotech to come up short in the disease.
The Seattle-area company said the Phase II trial comparing its lead candidate fosgonimeton, formerly ATH-1017, against placebo did not achieve its primary endpoint nor a litany of secondary measures. It’s yet another challenge for Athira following revelations its former CEO doctored some of the company’s foundational research in grad school and activist investor campaigns.
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