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Biotech / Medical : Biotech failure, 2002

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To: Miljenko Zuanic who started this subject6/10/2002 8:16:04 PM
From: Miljenko Zuanic  Read Replies (1) of 130
 
Message 17582424

Monday June 10, 2:00 pm Eastern Time
Press Release
SOURCE: Wyeth
Wyeth Discontinues Clinical Program for Its Type-2 Diabetes Candidate
MADISON, N.J., June 10 /PRNewswire-FirstCall/ -- Wyeth (NYSE: WYE - News) announced today that it is discontinuing clinical development of PTP-112. The decision was based on unsatisfactory Phase II clinical efficacy, as well as the occurrence of dose-limiting side effects among several trial participants.
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