The near- and intermediate-term landscape for idiopathic pulmonary fibrosis (IPF) drug development shifted when, as part of its FY22 financial update in February,Roche Holding AGdisclosed that it was discontinuing development of the Phase III candidate PRM-151 (recombinant human pentraxin-2), the lead compound it acquired when it bought Promedior Inc. in 2019. [See Deal]
“With one less Phase III program recruiting patients and one less potential competitor in the treatment landscape, we see potential clinical and commercial tailwinds for other mid/late-stage companies developing drugs in IPF,” SVB Securities research analyst Thomas Smith said in a research note shortly thereafter
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