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Evoke Pharma’s Stock Sinks on Stomach Drug’s Phase 3 Failure

Xconomy

Evoke’s late-stage study failed to show a significant benefit to the drug, EVK-001, versus placebo at all 41 of the sites that tested it nationally. Actavis is now known as Allergan (NYSE: AGN ), adopting the name following its acquisition of that company last year. Metoclopramide is currently available in oral and intravenous forms.

Study 40
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Retrophin Drug Licensed by Shkreli Shows Positive Phase 2 Results

Xconomy

Retrophin , the drug developer founded by controversial former biotech executive Martin Shkreli, has posted positive results from a midstage study for its treatment for a rare kidney disease. He licensed the drug from San Diego-based Ligand Pharmaceuticals (NASDAQ: LGND ) in March 2012. to $30 apiece.