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La Jolla Pharma drops Riquent trial: negative results from an interim analysis of lupus drug Riquent were enough to shelve the late-stage drug that La Jolla Pharmaceutical had been developing.

Publication: San Diego Business Journal
Publication Date: 23-FEB-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: La Jolla Pharma drops Riquent trial: negative results from an interim analysis of lupus drug Riquent were enough to shelve the late-stage drug that La Jolla Pharmaceutical had been developing.(BIOTECH)(La Jolla Pharmaceutical Co.)(Brief article)

Article Excerpt
La Jolla Pharma Drops Riquent Trial: Negative results from an interim analysis of lupus drug Riquent were enough to shelve the late-stage drug that La Jolla Pharmaceutical had been developing. La Jolla saw its stock value plummet 90 percent on the news Feb. 12.

Riquent was the biotech's only...

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