Kangstem Biotech Co. Ltd. has announced disappointing top line results from a Phase III South Korean study with Furestem-AD, its human umbilical cord blood-derived mesenchymal stem cell (MSC) therapy for atopic dermatitis, but has assured investors that it will still complete development by focusing on repeated dose and combination trials.
Furestem-AD failed to meet statistical significance versus placebo against the primary endpoint of EASI (Eczema Area and Severity Index)-50 score at Week 12 in
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