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Stock impact report

Bausch Health's new formulation of Xifaxan fails pair of Phase III trials [Yahoo! Finance]

Bausch Health Companies Inc. (BHC) 
Last bausch health companies inc. earnings: 2/19 06:59 am Check Earnings Report
Company Research Source: Yahoo! Finance
The placebo-controlled trials evaluated the potential of amorphous-rifaximin solid soluble dispersion (SSD) to delay the onset of the first episode of HE in adults with liver cirrhosis – collectively enrolling more than 1,000 patients across 17 countries. In both the RED-C-3131 and RED-C-3132 studies (NCT05071716; NCT05297448), rifaximin SSD failed to significantly delay the first onset of HE in the treatment group compared with placebo, missing its primary endpoints. Bausch Health's stock value dropped by more than 10% from $6.57 at market close on 22 January to $5.91 at the same time on 23 January following the news debut. While Bausch divulged information about the drug's performance in primary endpoints, it remains unclear if the drug met any of its key secondary endpoints, which include time to all-cause hospitalisation and time to first confirmed overt hepatic encephalopathy (OHE) requiring medical intervention. HE is a common and severe neurological side effect of live Show less Read more
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