Pfizer’s Big Bet On Arena Pays Off With First Phase III Win For Etrasimod In UC

Top-Line Readout Follows Recent $6.7bn Acquisition

The company will present detailed data in the future, but top-line results show statistically significant improvement over placebo at 12 weeks in ulcerative colitis, an increasingly competitive market.

Casino green table with chips, money, play cards and dice
Pfizer turned over the first of two Phase III cards for etrasimod in ulcerative colitis • Source: Alamy

Pfizer Inc.’s $6.7bn bet on Arena Pharmaceuticals, Inc. appears to be paying off after the pharma giant reported on 23 March that the S1P receptor modulator etrasimod met the primary and all of the secondary endpoints in the first of two important Phase III clinical trials in ulcerative colitis. Results from a second, longer Phase III trial should soon follow, since Pfizer said they will be available by the end of the first quarter.

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