Cipher Pharmaceuticals (TSE:CPH) has released an update.
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Cipher Pharmaceuticals announced that their partner, Moberg Pharma, reported disappointing results from a Phase 3 study of MOB-015, a nail fungus treatment, which did not meet its primary endpoint. Despite this setback, Cipher remains focused on its recent acquisition of the Natroba business and sees significant growth potential in the U.S. and international markets.
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