www.cetusnews.com is down. Please use or http://www.inwarnews.com
Important: Save this IP address! Use it when the domain is blocked!
Biz - Money

Vanda Pharma shares decline as goal of itch drug study not reached

Vanda Pharmaceuticals Inc. VNDA, -1.45% shares fell in the extended session Wednesday after the biotech drug developer said a study of its treatment for a type of eczema did not reach the stated goal. Vanda shares fell 6.7% to $15.86 after hours, following a brief halt in trading. The company said a mid-stage clinical study of its drug tradipitant showed that while the drug showed improvement in itching in patients with atopic dermatitis compared with a placebo, the results were not statistically significant.