Updated Nov. 9, 2011 at 6:48 a.m.

Premium Lock Drug failure sends Targacept stock down 60%

Published: 2011-11-09 06:36:00
Updated: 2011-11-09 06:48:27

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Targacept's compound called TC-5214, which targets major depressive disorder, "did not meet its primary endpoint" in the Phase 3 clinical trial, the Winston-Salem based biopharma company says. CEO says other trials will continue. Copyright 2013 WRAL Tech Wire. All rights reserved.

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