The Roivant (Nasdaq: ROIV) subsidiary Kinevant is to discontinue further development of namilumab for the treatment of sarcoidosis.
Roivant confirmed that the program was to come to an end in presenting its financial results and latest company updates on Monday.
This follows the announcement, in December, that Kinevant’s Phase II study of namilumab, its lead investigational product candidate, had failed to show treatment benefit in patients with chronic active pulmonary sarcoidosis.
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