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Newron STARS Fade With Sarizotan Failure

Stock Sinks Over 70%

 
• By Kevin Grogan

Sarizotan, licensed from Merck KGaA in 2011 for Rett syndrome, was seen as a potential gamechanger for Newron but the termination of the project leaves a huge hole in the Italian group's pipeline.

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Bad day on the markets for Newron • Source: Shutterstock

Shares in Newron Pharmaceuticals SPA have been battered after the Italian drugmaker revealed that its Rett syndrome drug sarizotan has failed a Phase III trial in patients with the severe neurodevelopmental disorder.

The company has presented top-line results from the STARS study which show that sarizotan failed to hit its primary endpoint...

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