Phase III Trial Next
Following Phase IIb Miss, MediciNova Will Press Onward
By Catherine Shaffer
Friday, May 25, 2012
A Phase IIb trial intended to show the benefit of MediciNova Inc.'s asthma candidate, MN-221, failed to meet its primary endpoint of improved forced expiratory volume in one second (FEV1) compared to placebo, sending the company's stock plummeting 43.3 percent Thursday.
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