
Swedish immunology company InDex Pharmaceuticals (STO: INDEX) late yesterday announced that the development of cobitolimod is discontinued after a thorough analysis of the data from the Induction Study 1 of the Phase III program CONCLUDE has not provided any results justifying continued development.
This study evaluating cobitolimod as a new treatment for moderate to severe left-sided ulcerative colitis, was discontinued on November 21, 2023 based on the advice from an independent Data Monitoring Committee (DMC).
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