Vyne Therapeutics (VYNE) shares were down more than 71% in early Wednesday trading after the company said its phase 2b trial evaluating repibresib gel in nonsegmental vitiligo did not meet its primary endpoint.
The trial also missed a key secondary endpoint and based on the data, Vyne Therapeutics said it will terminate the trial.
Vyne Therapeutics said it plans to seek a development and commercialization partner for repibresib.
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