Bad day for Diurnal as trial failure disappoints investors

8 October 2018

London-listed drugmaker Diurnal (AIM: DNL) has announced negative headline data from a Phase III study of Chronocort (hydrocortisone) in Europe.

The company, which specializes in therapies for chronic endocrine diseases, is testing the product as a possible treatment for adults with congenital adrenal hyperplasia (CAH).

Shares in the company dropped over 40% in after-hours trading and continued falling after the opening bell on Monday morning.

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