Oramed Shelves Diabetes Drug After Phase 3 Miss
Oramed Pharmaceuticals says it is discontinuing clinical development of its Type 2 diabetes drug ORMD-0801 after a Phase 3 clinical trial (ORA-D-013-1) missed its primary and secondary endpoints. The trial enrolled 710 Type 2 patients who experienced inadequate glycemic control on two or three oral glucose-lowering agents.
According to the company, the missed primary endpoint compared the efficacy of ORMD-0801 to placebo in improving glycemic control as assessed by the mean change from baseline in A1C at 26 weeks. The missed secondary endpoint assessed the mean change from baseline in fasting plasma glucose at 26 weeks. There were no serious drug-related adverse events.
Oramed say the when the full data from the studies are available, it expects to share relevant information and future plans.