The second part of the STEADFAST Phase III study of vTv Therapeutics Inc.'s potential Alzheimer's disease therapy, azeliragon - Part B in ex-US patients - has arrived at similar negative top-line results as Part A in US patients, leading to a 21% fall in the US biotech's stock price on Nasdaq on June 12.
Investors thus signaled their disappointment despite vTv Therapeutics suggesting it had identified a subgroup of patients in whom azeliragon appeared to have therapeutic promise. The results announcement follows a series of similar negative outcomes from other potential Alzheimer's therapies in late-stage studies, representing something of a rout in this therapeutic sector
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