Clinical TrialsAll remaining clinical studies involving masofaniten, including combinations with other drugs and investigator-sponsored trials, are being discontinued.
Drug DevelopmentEPIX will discontinue all masofaniten development after a futility analysis showed it failed to meet the target efficacy in the Phase 2 enzalutamide combo study.
Financial OutlookBased on projected year-end cash, the price target is being lowered significantly from $15 to $2.