Tekmira Tumbles On Ominous Signs For Ebola Drug

By | June 19, 2015

Scalper1 News

Biotech Tekmira Pharmaceuticals (TKMR) fell more than 10% Friday to a six-month low after an update on its Ebola program induced a loss of investor confidence. Tekmira said that the phase-two trial of TKM-Ebola-Guinea — one of two drugs the firm is working on to treat two strains of the virus — had closed enrollment because “the endpoint indicated that continuing enrollment was not likely to demonstrate an overall therapeutic benefit,” according Scalper1 News

Scalper1 News