ARTICLE | Clinical News
Edge discontinues sole clinical candidate EG-1962
March 30, 2018 3:15 PM UTC
Edge Therapeutics Inc. (NASDAQ:EDGE) said it will discontinue development of EG-1962 after an IDMC said the candidate was unlikely to meet the primary endpoint in the Phase III NEWTON 2 trial in adults with aneurysmal subarachnoid hemorrhage (aSAH).
Edge said it expects to scale back operations and reduce its workforce to preserve cash, which totaled $88.1 million as of Dec. 31, 2017...
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