0-for-3 in PhIII: Auris’ late-stage changeup fails to save tinnitus drug from another disaster
Eighteen months after the hapless Swiss biotech Auris Medical $EARS announced its first Phase III study for its experimental drug Keyzilen (AM-101) for tinnitus had flopped, its second late-stage study has also come in snake eyes — even though it revised the endpoints and made the case it had good reason to believe it was on track to win.
Winning, though, is not something this company does much of.
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