Scoop: Novartis axes mid-stage depression trial of ketamine-like injection

09 Oct 2023
Phase 2AcquisitionClinical Trial Failure
Novartis has scrapped a Phase II clinical trial of an investigational treatment for major depressive disorder related to suicidal ideation, the Swiss Big Pharma confirmed to Endpoints News . The decision was made “following a benefit risk assessment of available data,” a Novartis spokesperson said via email. The cull was disclosed in an Oct. 6 update to the federal trials database. Novartis was testing MIJ821, an IV injection, versus placebo to see if it was better at reducing depression symptoms. The nearly 200-patient trial began in July 2021 and wrapped up this July, per the clinicaltrials.gov entry. The company secured the asset through its $210 million upfront buyout of Cadent Therapeutics in 2020.
The content of the article does not represent any opinions of Synapse and its affiliated companies. If there is any copyright infringement or error, please contact us, and we will deal with it within 24 hours.
Targets
-
Drugs
Get started for free today!
Accelerate Strategic R&D decision making with Synapse, PatSnap’s AI-powered Connected Innovation Intelligence Platform Built for Life Sciences Professionals.
Start your data trial now!
Synapse data is also accessible to external entities via APIs or data packages. Leverages most recent intelligence information, enabling fullest potential.