Forest Labs dumps failed stroke drug program

Faced with the Phase III failure of Desmoteplase for stroke in June, Forest Laboratories has bailed on its development partnership with Paion. Paion's other unlucky licensee, a troubled Lundbeck, said two months ago that the late-stage study revealed no statistically significant difference between the way Desmoteplase patients responded when compared to a group taking a placebo. Paion, for its part, says it is evaluating other options while Lundbeck has yet to announce its decision pending a full analysis of the data. Forest's departure does carry some benefits, though, as it pays out €4.3 million to cover research and development costs.

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