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Biotech / Medical : Genaera Corp

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From: tom pope5/3/2005 1:16:26 PM
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And so the stock craters after digesting this news:

Genaera announces interim Evizon Phase II AMD data 2005-05-03 11:58:58

2.20 +0.10: Co announces positive interim clinical trial results, including safety data and visual acuity outcomes, from a multi-center, randomized, masked, U.S. Phase II clinical trial (MSI-1256F-208)(Trial 208). The study is one of a continuing series evaluating Evizon (squalamine lactate) for the treatment of choroidal neovascularization associated with age-related macular degeneration. Evizon with concomitant PDT was well tolerated in all subjects, with no drug-related serious adverse events reported to date by subjects involved in the study.
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