By Katherine Hamilton
Contineum Therapeutics said a trial of its treatment for relapsing-remitting multiple sclerosis didn't meet its primary or secondary efficacy endpoints.
The San Diego biopharmaceutical company said Thursday that topline data from a phase 2 trial of PIPE-307 showed no significant change in patients' binocular 2.5% low contrast letter acuity.
The company plans to interrogate the trial data related to its exploratory endpoints.
"We intend to learn from these data and remain committed to pursuing novel therapies for patients with inflammatory and fibrotic diseases," Chief Medical Officer Timothy Watkins said.
Shares slid 15%, to $10.33, in after-hours trading.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
November 20, 2025 17:07 ET (22:07 GMT)
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