Needham & Company Maintains 'Buy' at Hyperion Therapeutics (HPTX)
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Hyperion Therapeutics Terminates DiaPep277(R) Program
September 8, 2014 8:00 AM EDTCompany Discovers Serious Misconduct by Andromeda Biotech Ltd.
Company to Host Conference Call Today at 9:00 a.m. ET (6:00 a.m. PT)
BRISBANE, Calif., Sept. 8, 2014 (GLOBE NEWSWIRE) -- Hyperion Therapeutics, Inc. (Nasdaq: HPTX) today announced it is terminating development of DiaPep277 for newly diagnosed Type 1 diabetes. The company has uncovered evidence that certain employees of Andromeda Biotech, Ltd., which Hyperion acquired in June 2014, engaged in serious misconduct, including collusion with a third-party biostatistics firm in Israel to improperly receive un-blinded DIA-AID 1 trial data and to... More
