Fostamatinib Skates Through OSKIRA-1 With Mixed Results

AstraZeneca/Rigel’s oral SYK inhibitor fostamatinib met a key primary endpoint in the first of three rheumatoid arthritis Phase III studies, but missed another. Investors and analysts are underwhelmed with the efficacy results, although President and COO Raul Rodriguez advises holding on for the other Phase III trials before passing judgment.

Though AstraZeneca PLC and Rigel Pharmaceuticals Inc.’s oral rheumatoid arthritis drug fostamatinib met one of its co-primary endpoints in the OSKIRA-1 study, it missed a radiographic endpoint that may prove to be more important in a crowded market.

According to top-line results released April 5, the spleen tyrosine kinase (SYK) inhibitor proved a significant effect on signs and...

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