Smarter Analyst |
Zafgen to scrap lead obesity drug, shares slide
Reuters Zafgen Inc said it was suspending the development of its lead obesity drug, beloranib, more than six months after the U.S. Food and Drug Administration asked the company to halt all tests on the drug following the death of two patients. Zafgen's shares ... Boston's Zafgen cuts jobs, shifts focus on obesity drugs after deaths in clinical trials Zafgen ditches lead candidate after deaths, aims for clinic in 2017 Zafgen dumps beloranib for second-generation obesity candidate; cuts 34% of workforce; shares crater 42% after hours |
from Health - Google News http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNGUOU3cGWrvSyXRylHj7j6EADx9ow&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779163492686&ei=IjCPV8nGNMG53QGB3pHACA&url=http://in.reuters.com/article/us-zafgen-study-idINKCN0ZZ2PT
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