Piper Jaffray Downgrades Neothetics Inc. (NEOT) to Neutral
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Neothetics Reports LIPO-202 Top-Line Phase 3 Trial Results for the Reduction of Central Abdominal Bulging
December 14, 2015 4:30 PM ESTSAN DIEGO, Dec. 14, 2015 (GLOBE NEWSWIRE) -- Neothetics, Inc. (NASDAQ: NEOT) today announced top-line results from its AbCONTOUR1 and AbCONTOUR2 U.S.-based pivotal Phase 3 trials to evaluate the safety and efficacy of LIPO-202 for the reduction of central abdominal bulging due to subcutaneous fat. In both studies, LIPO-202 did not meet its co-primary composite and secondary endpoints. The co-primary endpoints were the proportion of subjects who reported an improvement of at least one point on the Patient-Global Abdominal Perception Scale (P-GAPS) and an improvement of at least two points on the Clinician Photonumeric... More
