Incyte Corp.'s year has got off to a bad start with the company revealing that a late-stage study looking at itacitinib for treatment-naive acute graft-versus-host disease failed to reach its goal.
Unhappy New Year For Incyte With Itacitinib Flop
JAK1 Inhibitor Fails In Steroid-Naiïve Acute GVHD
Incyte's hopes of reducing its reliance on Jakafi have suffered a blow after a Phase III trial of itacitinib failed. The stock has slumped and analysts are raising concerns about the company's ability to generate value from its hefty R&D investments.
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Pipeline Watch is a weekly snapshot of selected late-stage clinical trial events and approvals announced by pharmaceutical and biotech companies at medical and industry conferences, in financial and company presentations, and in company releases and statements.
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