Canadian biotech to discontinue omega-3 program after second PhIII fails on significant triglyceride reduction
It’s been an eventful 12 months or so for the omega-3 market, but one company’s latest attempt to use the approach for severe hypertriglyceridemia came up short.
Canadian biotech Acasti Pharma $ACST reported a second Phase III flop for its omega-3 phospholipid candidate CaPre on Monday, as the trial did not reach statistical significance for its primary endpoint. The company stated that, as a result, it will not file for an NDA in the US nor conduct additional trials for the program.
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