• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Roche’s Parkinson’s drug misses main goal in mid-stage trial

by December 19, 2024
written by December 19, 2024

Investing.com — Roche’s experimental Parkinson’s disease drug, prasinezumab, failed to meet its primary objective in a mid-stage trial.

The Swiss pharmaceutical giant announced on Thursday that the drug did not significantly delay the progression of motor symptoms in early-stage Parkinson’s patients. This is the second setback this week for potential treatments for the neurodegenerative condition.

Earlier this week, UCB, a Belgian peer, declared that a similar Parkinson’s drug candidate developed in collaboration with Novartis (SIX:NOVN) also fell short of key objectives in a clinical trial.

Despite the setback, Roche stated that prasinezumab demonstrated potential clinical efficacy. The drug also showed positive trends on several other trial goals and was well tolerated by patients. Roche plans to continue evaluating the data and will collaborate with health authorities to determine the next steps.

Levi Garraway, Roche’s Chief Medical (TASE:PMCN) Officer, expressed belief in the drug’s potential, stating, “We believe the consistent efficacy trends from the Phase IIb study of prasinezumab merit further exploration.”

The latest study, which involved an expanded patient group of 586, echoed the results of a previous Roche mid-stage trial that also yielded mixed results earlier this year.

Parkinson’s disease, which currently has no cure, affects nearly 1 million people in the U.S. and more than 10 million globally. Several companies are developing treatments that target a neuronal protein called alpha-synuclein, which is found in the brain and associated with the disease.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
Cintas earnings beat by $0.08, revenue was in line with estimates
next post
Sable Offshore shares surge on state waivers

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team

      May 16, 2025
    • ‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

      May 16, 2025
    • Netflix says its ad tier now has 94 million monthly active users

      May 15, 2025
    • Dick’s Sporting Goods to buy struggling Foot Locker for $2.4 billion

      May 15, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (465)
    • Stock (6,426)

    Latest News

    • Reddit co-founder Alexis Ohanian takes minority stake in Chelsea FC women’s team
    • ‘Shark Tank’ alum Bombas taps former Under Armour exec as CEO as it looks beyond digital roots

    Popular News

    • Options market positioned for US Treasury 10-year yield to hit 5% in near term
    • Turkey scales down $23 billion F-16 jet deal with US, minister says

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy