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Orphazyme CFO on failed trial: "Highly disappointing and highly surprising"

Monday's announcement that Orphazyme's main candidate, arimoclomol, for treating degenerative muscle disease IBM has not met its effect targets is highly disappointing and surprising, says the firm's CFO. Now, the company considers scaling back its efforts in the area.

Orpazyme CFO and interim CEO Anders Vadsholt. | Photo: Orphazyme / PR

"This is highly disappointing and and highly surprising."

So stated Orphazyme's Chief Financial Officer and interim CEO Anders Vadsholt following the company's Monday announcement that the phase II/III trial involving its main candidate, arimoclomol, as a treatment for the degenerative muscle disease inclusion body myositis (IBM) has not met its effect targets.

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