Galapagos says bowel disease drug fails to meet efficacy target in mid-stage trials
Belgian biotech company Galapagos (Euronext: GLPG) said its drug candidate to treat bowel disease ulcerative colitis failed to achieve efficacy endpoints in mid-stage trials and it will discontinue the trials for that disease.
The company said while the drug candidate, GLPG1205, was well tolerated it did not perform better than the placebo given to another group of patients.
Galapagos said it will evaluate whether the drug candidate will be developed in alternative indications.
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