Phytopharm goes into free-fall, as Cogane fails in key Parkinson's trial
UK drug developer Phytopharm (LSE: PYM) saw its shares plummet 80% to 2 pence (on February 18), after the company announced disappointing results of the Phase II, randomized, double blind, placebo controlled, dose-ranging trial of Cogane (PYM 50028) in unmedicated patients with early-stage Parkinson’s disease (CONFIDENT-PD).
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