Realm's latest failure fuels investor desertion
A trial failure for the UK-based biopharmaceutical firm Realm Therapeutics (LSE: RLM) has led to its share price dropping to less than half of the level that it started the week at.
The setback in the Phase II trial of PR022 in atopic dermatitis follows the failure of the Phase II program for PR013 in allergic conjunctivitis earlier this year.
In a trial of 120 patients, PR022 showed no difference to the control arm in the primary endpoint of percent change in eczema area severity index.
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