Another bump in the road for XBiotech and bermekimab

23 December 2024

Texan biopharma firm XBiotech (Nasdaq: XBIT) has announced a suspension of its clinical program in rheumatology, after its Phase II trial for rheumatoid arthritis failed to meet the primary endpoint.

The firm said its study of bermekimab, combined with methotrexate, encountered “substantial irregularities that make unequivocal interpretation of the findings difficult.”

The response from investors was unequivocal, however, sending the firm’s share price down by around a quarter.

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