Monday 14 July 2014

Targacept stops Alzheimer's drug trial after it fails mid-stage

(Reuters) - Targacept Inc said its experimental Alzheimer's drug did not show superiority over standard medication in a mid-stage study and that it would no longer invest in the development of the treatment. The company's shares were down about 16.44 percent. The drug, TC-1734, was being tested against Pfizer Inc's donepezil. (Reporting By Amrutha Penumudi; Editing by Don Sebastian) via Health News Headlines - Yahoo News Read More Here..

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