Zafgen stakes out a PhI beachhead for its next weight drug as it fights for a comeback
Last summer Zafgen $ZFGN experienced one of the worst biotech disasters the industry witnessed for all of last year — the kind of nightmare that CEOs dread. After the FDA put their lead drug beloranib on clinical hold in late 2015 — linking it to the death of a patient from a pulmonary embolism linked with the therapy — the biotech had little choice but to kill the program in July and slash its staff after regulators spelled out what they would have to do to qualify for a marketing OK.
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