Synairgen's inhalable drug fails study in hospitalized COVID-19 patients

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Britain's Synairgen said on Monday its inhalable therapy failed an international late-stage trial testing the drug in patients hospitalized with COVID-19, leading a blow to the development of the drugmaker's key product.

"While we are disappointed by the overall outcome, SNG001 has been administered to hospitalized patients on top of standard of care which changed substantially between our Phase 2 and Phase

3 trials," Chief Executive Officer Richard Marsden said referring to the treatment.A man sits on a bench waiting for a tube train at Westminster Underground station in London on March 10, 2021.

 

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