Evommune Shares Slide After Second Mid-Stage Miss for Oral Eczema Drug
The company will not advance the drug in eczema and shifts focus to EVO301.
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The company will not advance the drug in eczema and shifts focus to EVO301.
60 mg delivered 79% ORR and clean chronic-dosing safety, but 57% CR and a new 70 mg cohort missed the Street’s bar.
Barclays says Sagimet’s dermatology-first plan is smart. China data may de-risk the U.S. Phase 3 readout expected by the end of 2027.
Novartis’ DM1 trial miss hit Dyne. JPMorgan cut DYN to Underweight with a $10 target; Stifel and Jefferies stay Buy.