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Zalicus shifts focus to pain after lead project Synavive fails in arthritis

 
• By Mandy Jackson

It's on to plan B for Zalicus, which saw its stock price drop 43.2% to $0.79 per share on 10 September after the company announced that it is dropping development of its lead drug candidate, Synavive, due to a lack of clinically meaningful benefit for rheumatoid arthritis (RA) patients in a Phase IIb study.

It's on to plan B for Zalicus, which saw its stock price drop 43.2% to $0.79 per share on 10 September after the company announced that it is dropping development of its lead drug candidate, Synavive, due to a lack of clinically meaningful benefit for rheumatoid arthritis (RA) patients in a Phase IIb study.

Zalicus CEO Mark Corrigan told Scrip that the Cambridge, Massachusetts-based company will refocus its attention on its pain drug candidates...

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