For the second time this week, Genzyme is announcing disappointing clinical-trial results. In a Phase 3 study, tolevamer liquid—a polymer-based treatment for Clostridium difficile associated diarrhea—failed to perform against the standard antibiotic treatment. Bloomberg has a nice summary of the trial and how it fits into Genzyme’s recent efforts to diversity its pipeline. Genzyme shares fell to 60.85 by the end of trading today, from a high of 64.87.
Author: Rebecca Zacks
Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.
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