Disappointed InDex CONCLUDEs Development Of Ulcerative Colitis Drug

The Swedish biotech's hopes of advancing cobitolimod lie in tatters after a Phase III study of the TLR9 agonist proved futile.

Jenny Sundqvist
Jenny Sundqvist • Source: InDex

It looks like the writing is on the wall for InDex Pharmaceuticals Holding AB after the Swedish company announced that it would discontinue the late-stage program of lead asset cobitolimod for ulcerative colitis following advice from outside observers.

The firm, founded in 2000 and located at Karolinska Institutet Science Park in Stockholm, said that an independent data monitoring committee assessing the first induction study of its Phase III...

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