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Alliance Pharma says Isprelor results "inadequate"

Alliance Pharma says Isprelor results "inadequate"

16.05.2008

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Speciality pharmaceutical firm Alliance Pharma said results from Phase III trials of its labour induction drug Isprelor will be "inadequate" to support the application for registration.

"It now appears likely that results of the Phase III trials completed last year will be inadequate, alone, to support the application for registration," it said.

(Article continues below)

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The group said following discussions yesterday with the European regulatory authorities, it is re-evaluating its plan for Isprelor.

"As a result the company is re-assessing what additional work needs to be done, but it is now unlikely that the filing for registration will take place before 2011," it added.



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FTSE 100 - 05 Jul 08