Israeli drugmaker Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) and Swedish partner Active Biotech (Nordic: ACTI) yesterday revealed positive initial results from the two-year Phase III ALLEGRO study, which demonstrated that relapsing-remitting multiple sclerosis (MS) patients treated with 0.6mg daily oral laquinimod experienced a statistically significant reduction in annualized relapse rate compared to placebo. Additional clinical endpoints, including significant reduction in disability progression, as measured by Expanded Disability Severity Scale (EDSS), were also achieved.
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