NephroGenex stalls clinical trials of Pyridorin

25 February 2016

US clinical stage pharma company NephroGenex (Nasdaq: NRX) has paused the clinical program of its late-stage oral drug candidate Pyridorin (pyridoxamine) for the treatment of diabetic nephropathy, it has been announced.

In a statement, the company said its board of directors had made the decision to enable a restructuring of its operations and implement a strategic transaction.

The remaining trial costs, the company’s cash balance and the condition of capital markets were taken into account, a spokesperson said.

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