Close

Rigel Pharma (RIGL) to Commence Development of R343

May 6, 2011 7:37 AM EDT
Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) reports the it will assume development of R343, its inhaled syk inhibitor for allergic asthma that recently completed several Phase 1 clinical trials.

Pfizer Inc. is returning full rights to the R343 program as a result of its decision to exit the allergy and respiratory therapeutic area within R&D. Rigel is evaluating the details of R343's development to date and expects to design a Phase 2 clinical trial with R343 later this year.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, FDA