FilingReader Intelligence

Katakura subsidiary halts key drug development after trial failure

July 28, 2025 at 07:10 AM UTCBy FilingReader AI

Toa Eiyo, a Katakura Industries subsidiary, halted development of CNT-01 for triglyceride deposit cardiomyovasculopathy after Phase II/III trials showed the primary endpoint of major cardiovascular events incidence did not meet criteria.

The drug rights have been returned to Osaka University. The decision will have minor impact on Katakura's 2025 consolidated earnings.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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