News briefing: Poxel flashes early positive NASH results; Ionis teams up with AI-focused Genuity Science
A day after Genfit announced they were slashing staff in the wake of a major NASH failure, another French biotech said they had achieved positive results in their latest study on the fatty liver disease.
Poxel, which is developing a small molecule kinase activator for the condition, said that in a 12o-person trial, its drug proved safe and significantly reduced liver fat levels compared to placebo. For the high-dose it was an 18% reduction, compared to a 0.7% reduction on placebo. There was also a statistically signficant reduction in liver enzymes compared to placebo and a significant improvement in the percentage of patients who saw at least a 30% reduciton in liver fat: 6.5% of the placebo group and 27.6% of the high-dose group.
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