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Sanofi and Johnson & Johnson halt E. coli vaccine study due to ineffectiveness, costing Sanofi $250M.
Sanofi and Johnson & Johnson have stopped a phase 3 study for a vaccine targeting extraintestinal pathogenic E. coli due to insufficient efficacy.
The vaccine failed to prevent invasive E. coli disease effectively compared to a placebo in adults aged 60 and older with a history of urinary tract infections.
Sanofi has recorded a $250 million impairment charge, impacting its full-year EPS by 15 cents.
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Sanofi y Johnson & Johnson detienen el estudio de la vacuna E. coli debido a la ineficacia, costando a Sanofi 250 millones de dólares.