Regado sinks on permanent Phase III Revolixys halt

Regado Biosciences's stock price plunged 60.2% to $1.13 per share on 25 August after the company announced a permanent stop to its Phase III REGULATE-PCI clinical trial for Revolixys (REG1), a factor IXa inhibitor combined with the anticoagulant's active control agent.

Basking Ridge, New Jersey-based Regado terminated the trial on the recommendation of REGULATE-PCI's data and safety monitoring board (DSMB), which...

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