Outlook Therapeutics' wet AMD therapy ONS-5010 clinical trial did not meet the primary endpoint

Zhitong
2024.11.27 12:47
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Outlook Therapeutics announced that its clinical trial for the wet age-related macular degeneration (AMD) therapy ONS-5010 did not meet its primary endpoint, causing the stock price to plummet about 82% in pre-market trading on Wednesday. Nevertheless, the company stated that ONS-5010 has biological activity and good safety, planning to resubmit its listing application in the first quarter of 2025, and expects to announce the three-month data analysis results in January next year