US drug major Bristol-Myers Squibb (NYSE: BMY) has suspended study drug administration in ongoing Phase II study of BMS-986094. The company has suspended study drug administration in an ongoing Phase II study of BMS-986094 (formerly known as INX-189), a nucleotide polymerase (NS5B) inhibitor in development for the treatment of hepatitis C, a market sector with potential annual sales of $20 billion.
This was the drug that was recently bought by B-MS through the $2.5 billion acquisition of Inhibitex (The Pharma Letter January 9). This voluntary action was taken to protect patient safety based on the emergence of a serious safety issue. The cause of the safety issue and any potential relationship to study drug are unknown at this time. The company is undertaking an immediate assessment of all patients in the study and, following an evaluation of the patient data, will take appropriate actions.
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