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Axovant Closes Chapter On Failed, Second-Rate Small Molecule Strategy

 
• By Emily Hayes

Termination of nelotanserin, a small molecule licensed from Arena, in Lewy body dementias comes after a dramatic shift toward gene therapy.

Business strategy failure as a despair metaphor or financial market drop and psychological burnout symbol in a 3D illustration style.

Axovant Sciences Ltd. declared it was closing a chapter on its small molecule efforts after the failure of the 5-H2A receptor agonist nelotanserin in Lewy body dementias (LBD), as it continues to focus on its new gene therapy portfolio.

CNS-focused Axovant is one of 14 "Vants" or subsidiaries in various therapeutic areas of parent company Roivant Sciences GMBH. (Also see "Roivant's New Respiratory-Focused Vant Adds Chronic Cough Candidate To The Portfolio" - Scrip, 17 September, 2018

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