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Stock impact report

Orion's phase 2 study of ODM-105 in insomnia did not meet primary goal [Yahoo! Finance]

ORION CORP NEW UNSP/ADR (ORINY) 
Company Research Source: Yahoo! Finance
Orion's phase 2 study of ODM-105 in insomnia did not meet primary goal Orion to discontinue development of ODM-105 for insomnia. ODM-105 (tasipimidine) was well tolerated. Detailed results, including safety data, and their assessment are to be finalized. Orion Corporation today announced that its candidate ODM-105 (tasipimidine) did not meet the primary goal in the clinical Phase 2 UNITAS study for the treatment of patients with insomnia. According to the study results, ODM-105 did not significantly improve insomnia-related symptoms such as time to fall asleep or sleep duration compared with placebo. ODM-105 was generally safe and well tolerated. Detailed results, including safety data, and their assesment are not yet finalized. “We are disappointed that our study did not meet its primary goal. Our biggest regret is that we're not able to provide a new and more efficient treatment option for people suffering from insomnia”, said Professor Outi Vaarala , Executive Vice Preside Show less Read more
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