Immunovant Ends Autoimmune Skin Disorder Program
Immunovant halts IMVT-1402 CLE trial after missing primary endpoints, driving IMVT and Roivant shares down in premarket trading.
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Why It Matters
Immunovant stopped testing a new skin medicine because it did not work well enough. When a company's medicine fails, investors often sell shares because the company lost that chance to earn money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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