Teva ends enrollment in late-stage Austedo cerebral palsy trial
Mar. 13, 2023 12:59 PM ETTeva Pharmaceutical Industries Limited (TEVA)NBIXBy: Jonathan Block, SA News Editor
JHVEPhoto/iStock Editorial via Getty Images
- Teva Pharmaceutical Industries (NYSE:TEVA) has ended recruitment for a phase 3 trial of Austedo (deutetrabenazine) to treat abnormal involuntary movements with cerebral palsy ("CP").
- Recruitment stopped because the parent study, which was looking at Austedo for dyskinesia in children and adolescents with CP, missed its primary endpoint.
- The terminated trial was set to last 55 weeks.
- RBC Capital Markets analyst Brian Abrahams noted that Neurocrine Biosciences (NBIX) is also looking at expanding indications for Ingrezza (valbenazine), including CP.
- Given that Ingrezza has a similar mechanism of action to Austedo, he says this places additional risk for Ingressa CP trial results, which are expected in 2024.
- Read why seeking Alpha contributor The Value Investor recently initiated Teva (TEVA) with a buy.