Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

Endo Posts Disappointing Data From Frozen Shoulder Trial

Published 01/07/2022, 13:15
Updated 01/07/2022, 14:10
© Reuters.  Endo Posts Disappointing Data From Frozen Shoulder Trial
ENDPQ
-

  • Endo International plc (NASDAQ: ENDP) has announced topline results from its Phase 2 study of collagenase clostridium histolyticum (CCH) in participants with adhesive capsulitis (AC) of the shoulder (frozen shoulder).
  • While participants receiving up to three doses of CCH showed some improvement in the change from baseline in the shoulder pathology composite score, the difference compared to those study participants receiving placebo was not statistically significant.
  • The safety profile of CCH in the Phase 2 study was consistent with the known safety profile from other studies.
  • Most treatment-emergent adverse events were of mild to moderate severity. The most common events following treatment with CCH were injection site bruising, arthralgia, injection site pain, swelling, and contusion.
  • "We are disappointed in the study outcome, and based on these data, we will be reevaluating our path forward for CCH to treat adhesive capsulitis of the shoulder," said James Tursi, Executive Vice President, Global R&D at Endo.
  • The Phase 2 trial enrolled 198 participants.
  • Price Action: ENDP shares are down 9.83% at $0.4199 during the premarket session on the last check Friday.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.