Myriad's Flurizan Fails


	Myriad's Flurizan Fails

Matthew Herper

6-30-2008 11:29 AM

622 views

Matthew Herper says:

There were plenty of reasons to be skeptical, so this doesn't neccesarily dent the amyloid hypothesis. Still a disappointment. Myriad's diagnostic test business is cushioning the blow. Click on the article to read a nice take from Adam Feuerstein over at TheStreet.com.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/152e9ee8-1954-416c-a654-9f0581a4f125/4985AA4F-AC1D-4D90-A1D0-4476E5F1067F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.thestreet.com/_yahoo/newsanalysis/biotech/10423757.html?cm_ven=YAHOO&amp;cm_cat=FREE&amp;cm_ite=NA" href="http://www.thestreet.com/_yahoo/newsanalysis/biotech/10423757.html?cm_ven=YAHOO&amp;cm_cat=FREE&amp;cm_ite=NA" style="font-size: 11px;">www.thestreet.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thestreet.com/_yahoo/newsanalysis/biotech/10423757.html?cm_ven=YAHOO&amp;cm_cat=FREE&amp;cm_ite=NA"><B>Myriad Genetics</B> <SPAN class="TICKERFLAT" id="MYGN">(<A href="http://www.thestreet.com:80/quote/MYGN.html?omorig=story&puc=tickerembedded">MYGN</A> - <A href="http://www.thestreet.com:80/cramerstake/MYGN.html">Cramer's Take</A> - <A href="http://www.stockpickr.com/thestreet-symbol/MYGN/">Stockpickr</A>)</SPAN> said Monday that it will stop development of its experimental Alzheimer's disease drug Flurizan due to the failure of a pivotal phase III study.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thestreet.com/_yahoo/newsanalysis/biotech/10423757.html?cm_ven=YAHOO&amp;cm_cat=FREE&amp;cm_ite=NA"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.thestreet.com/img/F899DB39-2E75-4AA2-9999-3EE8798D55D0" alt="Close" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thestreet.com/_yahoo/newsanalysis/biotech/10423757.html?cm_ven=YAHOO&amp;cm_cat=FREE&amp;cm_ite=NA">The Flurizan study, which enrolled patients with mild to moderate Alzheimer's, did not achieve statistical significance on either of its two primary endpoints -- cognition or activities of daily living, the <A class="iAs" classname="iAs" href="#" target="_blank" itxtdid="5170050">company</A> said.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4985AA4F-AC1D-4D90-A1D0-4476E5F1067F/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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