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The failure of ACAD's primary trial endpoint significantly impacts market confidence. Historical examples include GW Pharmaceuticals' stock drop following trial failures, leading to sustained share price issues.
What happened, with direct paths to the underlying reporting
ACAD's Phase 3 trial for carbetocin failed primary efficacy endpoint. CEO assures long-term growth despite recent trial results. Company expects significant sales growth and multiple new study starts by 2026. ACAD stock dropped 11.02% premarket following trial results. Competitor Soleno Therapeutics faces scrutiny for its PWS treatment.
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