Accera Posts Phase III Alzheimer's Failure, But Moves Ahead With New Formulation

Accera blamed the study's failure on a revised formulation for AC-1204, but the company plans to begin a second Phase III trial with an improved formulation of the drug in the second or third quarter of 2017.

Human brain illustrated with millions of small nerves - Conceptual 3d render

Accera Inc.'s failed Phase III clinical trial for AC-1204 is just the latest late-stage disappointment in a recent string of trial failures in Alzheimer's disease, but the company will move forward with a second Phase III study based on the drug's novel mechanism and another new formulation.

Boulder, Colorado-based Accera blamed the lack of efficacy observed in its first late-stage trial on a new formulation of the drug, because low blood plasma levels of AC-1204 were observed...

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