In the wake of a disaster, Cempra shares shoot up on a promising PhIII antibiotic matchup
Just two months after taking a beating on the FDA’s decisive rejection of Cempra’s antibiotic solithromycin, the biotech has been redeemed by the success of a head-to-head Phase III matchup of its oral antibiotic fusidic acid against an old standby. Cempra’s shares $CEMP rocketed up 40% on the turnaround.
Overall, fusidic acid matched up favorably to linezolid among the 716 patients with acute bacterial skin and skin structure infections in the study, hitting its marks for non-inferiority and achieving the primary as well a secondary goals. Fusidic acid edged out linezolid among men and women, and matched up nicely for a range of infection types.
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.