Positive top-line Phase III fasinumab results in osteoarthritis of the knee or hip

16 August 2018

Positive top-line results from a Phase III randomized, double-blind, placebo-controlled study of fasinumab in patients with chronic pain from osteoarthritis (OA) of the knee or hip have been released.

Israel’s Teva Pharmaceuticals Industries (NYSE: TEVA) and US biotech Regeneron Pharmaceuticals (Nasdaq: REGN) are jointly developing fasinumab as part of a global collaboration agreement signed in September 2016.

Teva’s shares gained 3.66% to 8,361 shekels in Tel Aviv trading, while Regeneron edged up 2.03% to $369.20 by mid-morning in New York,

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