BioVie blames Alzheimer's failure on trial exclusions
Shares in BioVie (Nasdaq: BIVI) closed 61% lower on Wednesday.
The US neurology company had revealed efficacy data from the Phase III trial of NE3107 in mild to moderate Alzheimer's disease.
In the trial, the primary efficacy endpoint missed statistical significance, a fact blamed by BioVie on problems that arose during the study, rather than on the drug itself.
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