Kiniksa trial of mavrilimumab in COVID-19-related ARDS misses goal
Bermuda-based Kiniksa Pharmaceuticals (Nasdaq: KNSA) saw its shares drop more than 15% after it announced that the Phase III portion of the Phase II/III trial of mavrilimumab in COVID-19-related acute respiratory syndrome (ARDS) did not meet the primary efficacy endpoint.
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