After reviewing initial data from the Phase III GALACTIC-HF clinical trial of omecamtiv mecarbil in heart failure with reduced ejection fraction (HFrEF), Amgen, Inc. determined that the results were not compelling enough to move forward with regulatory filings and commercialization of the cardiac myosin activator. It revealed 23 November that it will give its rights to the drug back to Cytokinetics, Inc.
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