Negative Phase III data put Shield Therapeutics on the defensive

5 February 2018

Shares in UK-based Shield Therapeutics (LSE: STX) have plummeted 60% after the firm released negative top-line results from its Phase III trial of inflammatory bowel disease (IBD) candidate Feraccru (ferric maltol).

The therapy is being compared with placebo in patients with chronic kidney disease (CKD).

The data show that the AEGIS-CKD study has not met its primary endpoint evaluating hemoglobin response to Feraccru.

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