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Stock impact report

Higher dose of Arena Pharma's bowel disease drug meets study goal [Reuters (UK)]

Arena Pharmaceuticals, Inc. (ARNA) 
Last arena pharmaceuticals, inc. earnings: 2/26 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: invest.arenapharm.com/investor-relations
Company Research Source: Reuters
Higher dose of Arena Pharma's bowel disease drug meets study goal | Reuters Reuters Staff 2 Min Read (Reuters) - Arena Pharmaceuticals Inc said on Monday a higher dose of its experimental drug succeeded in improving symptoms associated with ulcerative colitis, a chronic bowel disease, in a mid-stage study. The U.S.-based company said it planned to move the drug, etrasimod, to late-stage trials based on the data. However, the company said a lower dose did not significantly improve the disease symptoms on a scale measuring severity that included stool frequency, rectal bleeding and findings on endoscopy. The company is banking on etrasimod, along with its pulmonary arterial hypertension drug, after shifting its focus away from its weight-loss treatment due to underwhelming sales. Arena sold the global commercialization rights to the weight-loss drug, Belviq, to Japanese drugmaker Eisai Co Ltd early last year. Significantly more patients in etrasimod’s higher dosage, 2 mg group, achieved Show less Read more
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