Spotlighting subgroup analysis, Theravance tries to carve out 'narrow, but critically important' market for failed drug
When Theravance Biopharma revealed last September that its first Phase III trial for ampreloxetine had ended in failure, it demoted the drug from lead status and laid off 75% of its workforce to stay afloat. But CEO Rick Winningham vowed to “continue to analyze the data to better understand the findings.”
As it reports a second flop for the same candidate, it’s sticking to the same approach to find a silver lining in the data.
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.