J & J, Actelion still in talks despite Opsumit failure

Although Actelion (VTX:ATLN)’s Opsumit drug candidate missed its primary endpoint in a phase III trial for patients suffering from a deadly heart-lung condition, analysts reportedly concluded that the result is unlikely to have an impact on merger talks with Johnson & Johnson (NYSE:JNJ).
The Swiss drugmaker’s trial involved 226 patients with Eisenmenger Syndrome, which causes untreated congenital heart defects and pulmonary hypertension.
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Source: Mass Device - January 23, 2017 Category: Medical Equipment Authors: Sarah Faulkner Tags: Clinical Trials Mergers & Acquisitions Respiratory Wall Street Beat Actelion Pharmaceuticals Johnson & Johnson Source Type: news