FibroGen admits false safety data presented for roxadustat
USA-based FibroGen’s (Nasdaq: FGEN) shares plunged almost 30% to $24.09 in pre-market trading today, on a disclosure of false heart safety data from previous presenations for its regulatory filing with the Food and Drug Administration on its anemia treatment in chronic kidney disease (CKD) patients.
FibroGen, which is partnered with AstraZeneca (LSE: AZN) and Astellas (TYO: 4503), issued a clarification of certain prior disclosures of US primary cardiovascular safety analyses from the roxadustat Phase III program for the treatment of anemia of CKD.
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