FibroGen's Lead Drug Fails Again, Stock Crashes.

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Source: Endpoints News
FibroGen's Lead Drug Fails Again, Stock Crashes.
Photo: Endpoints News
TL;DR Summary

FibroGen's pamrevlumab failed in a Phase III study for idiopathic pulmonary fibrosis, marking the company's third late-stage miss in two months. The drug was not better than placebo at a lung function test and did not delay disease progression. However, it was generally safe and well-tolerated.

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