Clinical Trial OutcomesIn recent clinical trials, participants using the drug reported serious adverse events while no such events were reported in the placebo group, suggesting potential safety issues.
Drug Safety ConcernsThe drug’s limited adoption can likely be attributed to historical potential concerns surrounding its toxicity, such as cardiotoxicity.
Financial PerformanceLBPH reported a quarterly loss greater than analysts had estimated, which could indicate financial instability or underperformance.