Tetraphase’s second PhIII for its lead antibiotic fails in a repeat setback for UTIs
Tetraphase $TTPH is 0 for 2 in Phase III studies of its IV antibiotic eravacycline for complicated urinary tract infections.
Researchers for the biotech say the antibiotic failed to achieve statistical non-inferiority to ertapenem on cUTIs, leaving it at a dead end. The biotech’s shares were once again shattered on the setback, plunging 58%.
The Watertown, MA-based biotech was snubbed at the FDA more than a year ago when it tried to get a green light for the antibiotic in the wake of one success and one failure in late-stage studies. Tetraphase had one positive result for complicated intra-abdominal infections and the flop on complicated UTIs when regulators sent them back in search of at least one more positive study ahead of any approval.
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