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Tag Archives: Foamix Pharmaceuticals

Foamix’s acne drug misses main goal in key study, shares slump

foamix acne

Foamix Pharmaceuticals Ltd said on Monday its experimental acne treatment failed to meet one of two main goals in a late-stage study, pushing its shares down about 42 percent. However, the drug, FMX101, succeeded in a separate late-stage study, the Israel-based drug developer said. FMX101, is a topical version of a decades-old acne treatment called …

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