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Renovis Plummets On Phase III Miss With Stroke Drug, NXY-059

By Jennifer Boggs


Friday, October 27, 2006
AstraZeneca plc opted to discontinue development of the stroke drug NXY-059 after the product missed its primary endpoint in a Phase III trial, sending shares of Renovis Inc., the drug's licensor, plunging more than 70 percent Thursday. (BioWorld Today)

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