Monday, May 20, 2013

Reuters: Regulatory News: XenoPort to drop multiple sclerosis drug after trial failure

Reuters: Regulatory News
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XenoPort to drop multiple sclerosis drug after trial failure
May 20th 2013, 10:42

Mon May 20, 2013 6:42am EDT

May 20 (Reuters) - XenoPort Inc said it will stop developing its experimental multiple sclerosis treatment after data from a late-stage trial showed the drug did not improve patients' condition significantly compared with a placebo.

The company said it will shut down all activities related to the drug, arbaclofen placarbil, and planned to provide an update on the impact of the expected savings.

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