Ver­sar­tis shares ham­mered by a PhI­II flop as growth hor­mone flunks key test

Two years af­ter Ver­sar­tis $VSAR got out from un­der a clin­i­cal hold on so­mavaratan (VRS-317), the biotech says its big Phase III study proved to be a bad flop.

The long-act­ing form of re­com­bi­nant hu­man growth hor­mone failed to meet the pri­ma­ry end­point for non-in­fe­ri­or­i­ty in a com­par­i­son against dai­ly Genotropin, with the stan­dard of care ac­tu­al­ly beat­ing out the ex­per­i­men­tal ri­val. Height ve­loc­i­ty for so­mavaratan twice month­ly was 9.44 cm, ver­sus 10.70 cm for those re­ceiv­ing Genotropin.

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