News: Xenoport Inc (XNPT.OQ)

XNPT.OQ on NASDAQ Stock Exchange Global Select Market

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Mon, May 20 2013

XenoPort to drop multiple sclerosis drug, shares fall

- XenoPort Inc said it would stop development of an experimental multiple sclerosis treatment it planned to launch in 2015 after a late-stage trial failed to show significant improvement over a placebo.

UPDATE 2-XenoPort to drop multiple sclerosis drug after trial failure

* Drug does not show statistical significance compared with placebo

XenoPort to drop multiple sclerosis drug after trial failure

May 20 - XenoPort Inc said it will stop developing its experimental multiple sclerosis treatment after data from a late-stage trial showed the drug did not improve patients' condition significantly compared with a placebo.

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