(Reuters) - BioDelivery Sciences International Inc said its pain drug failed to meet the main goal of a late-stage study, sending the drugmaker's shares down nearly 30 percent premarket.
The Clonidine topical gel was not effective against a placebo in treating painful diabetic neuropathy, BioDelivery said in a statement on Monday.
Also read: Hyka's late goal lifts Earthquakes to 2-2 tie with Dynamo
Read more