Inotek Pharmaceuticals Corp. is evaluating its strategic alternatives after top-line data from a Phase II study showed that its investigational glaucoma product trabodenoson had no added benefit when used as part of a fixed-dose combination with latanoprost compared with the older therapy alone.
Trabodenoson had already disappointed in a Phase III monotherapy trial in January (MATrX-1, which sent the firm's share price crashing by more than 71% to $1.75), but at the time...
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