Ipsen has go/no-go decision to make after biotech partner's Parkinson's drug flunks PhIIb
Swedish biotech IRLAB’s drug may have failed the primary endpoint in a Phase IIb study involving Parkinson’s patients, but execs still believe they have a potential treatment on their hands.
The company was testing mesdopetam among patients with levodopa-induced dyskinesias, or severe involuntary movements.
Ipsen paid $28 million upfront in 2021 to license this drug, an oral dopamine D3-receptor antagonist. The French pharma says it needs to fully evaluate the data before making a decision about the future of its partnership with IRLAB.
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