Paul Hudson, Sanofi CEO (Marlene Awaad/Bloomberg via Getty Images)

Sanofi flunks Parkin­son's Phase II, ax­es hand­ful of mid-stage pro­grams in Q4 earn­ings

Bio­gen isn’t the on­ly one hit­ting road­blocks in Parkin­son’s.

Two days af­ter the big biotech re­vealed in year-end earn­ings that they cut a Phase II pro­gram for the neu­rode­gen­er­a­tive con­di­tion, Sanofi axed their own Phase II Parkin­son’s drug in its earn­ings an­nounce­ment. The tri­al failed at the end of Jan­u­ary, they said, al­though they will con­tin­ue de­vel­op­ing the com­pound, known as venglu­s­tat, in a hand­ful of rare dis­eases.

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