Ventrus Biosciences (VTUS) Higher On Positive Trial Results

May 14, 2012 9:42 AM EDT
Ventrus Biosciences Inc. (Nasdaq: VTUS) is moving higher early Monday following positive results from pivotal Phase 3 Trial of Diltiazem (VEN 307) in patients with anal fissures.

From the Release:
The Phase 3 study randomized 465 subjects to diltiazem hydrochloride 4% or 2% w/w cream, or placebo, applied topically three times daily (TID) for 8 weeks, followed by a 4 week blinded observation period. Both 4% and 2% diltiazem treatment arms demonstrated significant improvements compared to placebo in the primary endpoint of average of worst anal pain associated with or following defecation (pain score improvement 0.44, p=0.0108, 4%; 0.43, p=0.0134, 2%) and in the secondary endpoints of overall anal-fissure-related pain (pain score 0.36, p=0.030, 4%; 0.40, p=0.0183, 2%) and anal fissure healing (32.7%, p=0.0181, 4%; 31.2%, p=0.0359, 2%). Pain endpoints were assessed using an 11-point numerical pain rating scale (Likert-like scale).

Shares of VTUS last traded up 15 percent to $12.60.


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