CoLucid Hopes Lasmiditan Can Offer New, Safer Migraine Drug Class

Prospects that CoLucid Pharmaceuticals’ lead asset might offer a viable new class of migraine treatment are brighter following the release of positive Phase III data showing lasmiditan helps twice as many patients to be headache-free after two hours versus a placebo.

Migraine

CoLucid Pharmaceuticals Inc.'s share price surged after the Cambridge, Mass.-based company announced positive topline results from the SAMURAI Phase III study, the first of two pivotal studies evaluating oral lasmiditan, its lead asset, as an acute treatment for migraines.

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