Needham & Company Downgrades Neothetics Inc. (NEOT) to Hold
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Piper Jaffray Downgrades Neothetics Inc. (NEOT) to Neutral
December 15, 2015 6:45 AM ESTPiper Jaffray downgraded Neothetics Inc. (NASDAQ: NEOT) from Overweight to Neutral with a price target of $3.00 (from $20.00) after the company announced that lead product candidate LIPO-202 failed to meet its primary and secondary endpoints in pivotal studies evaluating the product for the localized reduction... More
Neothetics (NEOT) Reports LIPO-202 Phase 3s Missed co-Primary, Secondary Endpoints
December 14, 2015 4:31 PM ESTNeothetics, Inc. (NASDAQ: NEOT) announced top-line results from its AbCONTOUR1 and AbCONTOUR2 U.S.-based pivotal Phase 3 trials to evaluate the safety and efficacy of LIPO-202 for the reduction of central abdominal bulging due to subcutaneous fat. In both studies, LIPO-202 did not meet its co-primary composite and secondary endpoints. The co-primary endpoints were the proportion of subjects who reported an improvement of at least one point on the Patient-Global Abdominal Perception Scale (P-GAPS) and an improvement of at least two points on... More
