Penny stock biotech misses on its sole clinical trial; Caladrius teams up with Roche for pancreatic cancer collaboration
Vyne Therapeutics had put all its clinical focus on one drug: FMX114 for mild-to-moderate atopic dermatitis. However, that trial, Vyne’s only ongoing clinical trial, has now sunk.
The New Jersey biotech put out word Wednesday that the trial failed to meet its primary endpoint, listed as the change in an atopic dermatitis measure (known as ADSI) over one month. The Phase IIa trial enrolled 21 patients.
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