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UPDATE: Keryx (KERX) Says KRX-0401 + Xeloda Did Not Meet Primary Endpoint in Phase 3

April 2, 2012 7:03 AM EDT
(Updated - April 2, 2012 7:06 AM EDT)

Keryx Biopharmaceuticals, Inc. (Nasdaq: KERX) reported today that the Phase 3 "X-PECT" (Xeloda + Perifosine Evaluation in Colorectal cancer Treatment) clinical trial evaluating perifosine (KRX-0401) + capecitabine (Xeloda) in patients with refractory advanced colorectal cancer did not meet the primary endpoint of improving overall survival versus capecitabine + placebo.

This Phase 3 trial was conducted pursuant to a Special Protocol Assessment (SPA) agreement with the FDA. 468 patients at sixty-five U.S. sites participated in this study.

KRX-0401 (perifosine) is in-licensed by Keryx from AeternaZentaris Inc. (Nasdaq: AEZS) in the United States, Canada and Mexico.


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