Targacept slips on mixed results from drug studies – BusinessWeek

Targacept slips on mixed results from drug studies
BusinessWeek
Shares of Targacept Inc. declined Tuesday after the company said its drug candidate TC-6987 worked as a treatment for asthma in a clinical trial, but failed as a treatment for diabetes. Targacept said asthma patients who were treated with TC-6987 for
Targacept Announces Top-Line Results from Two Exploratory Phase 2 Studies of MarketWatch (press release)
Targacept discontinues two clinical trials, reports success with a thirdWinston-Salem Journal (blog)
Asthma drug shows promise, diabetes study fails in Targacept phase 2 trialsMedCity News

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