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Auris Medical's Keyzilen flunks second late-stage tinnitus study; shares down 30% after hours

Published 03/13/2018, 04:51 PM
Updated 03/13/2018, 04:51 PM
© Reuters.  Auris Medical's Keyzilen flunks second late-stage tinnitus study; shares down 30% after hours
  • Nano cap Auris Medical (NASDAQ:EARS) slumps 30% after hours in response to its announcement that the second Phase 3 clinical trial, TACTT3, assessing Keyzilen in patients with acute inner ear tinnitus failed to achieve the primary endpoint of a statistically valid improvement in Tinnitus Functional Score from baseline to day 84 versus placebo.
  • An earlier Phase 3, TACTT2, was also unsuccessful.
  • Previously: Auris Medical's lead product candidate flunks late-stage study; shares plummet 42% premarket (Aug. 18, 2016)
  • Now read: Dicerna Pharmaceuticals (DRNA) Presents At 38th Annual Cowen and Company Healthcare Conference - Slideshow


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