Execs at BioXcel Therapeutics, Inc. were bullish on data from the Phase III TRANQUILITY II study of Igalmi (dexmedetomidine) in Alzheimer’s disease-related agitation, but problems at a trial site that enrolled a large percentage of the study’s participants cast a shadow over the announcement, and the company may have a difficult time getting out from under it.
BioXcel announced 29 June results from the trial of Igalmi, also known as BXCL501, showing that the study met its...