Allena Bets On Its Kidney Stone Treatment Despite Placebo Concerns

Execs are hoping having positive results in two studies will help raise funds for continued development. But high placebo results have caused concern for investors.

Human kidney on scientific background. 3d illustration
Reloxliase lowers oxalate in the kidneys, thus preventing kidney stones

Allena Pharmaceuticals Inc.’s reloxaliase reduced kidney stone formation in two patient populations. But unexpectedly high placebo results from one trial could hamper the small biotech firm in securing financing for further studies.

“Taken together, we believe the results presented today highlight the opportunity for reloxaliase to favorably impact patients across the disease spectrum,” CEO Louis Brenner told a 7 November investor call announcing the results of its first Phase III trial, URIROX-1, as well as Study 206, a Phase II trial in EH patients with chronic kidney disease

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