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Another Setback As Delays, Costs Spiral For AnGes’ Lead Product

 
• By Ian Haydock

AnGes MG has changed the global development tack for its troubled lead gene-based therapy, terminating a large international Phase III study in a refocusing that it hopes will save time and money.

As part of a revised plan "intended to accelerate the development and minimize the development costs" for its lead therapeutic asset, AnGes MG Inc. has ended a large international Phase III program for Collategene (beperminogene perplasmid, AMG0001).

In what the Japanese venture's president and CEO Ei Yamada said was "a difficult but necessary decision," the move was...

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