Danish allergy immunotherapy specialist ALK Abello (ALKB: DC) has announced positive top-line data from a Phase III pediatric trial of Ragwitek, a ragweed-based sublingual allergy immunotherapy (SLIT) tablet, for the treatment of hayfever.
The trial, which was conducted by erstwhile partner Merck & Co (NYSE: MRK) under the terms of a now-defunct collaboration, met its primary endpoint of reduction in symptoms compared with placebo, following a commonly-used scale.
The therapy was well tolerated and had a favorable safety profile.
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