Article: Axonyx Reports Expected' Miss With Phenserine In AD.

Staff Writer

Axonyx Inc. reported disappointing, though not unexpected, results from its final two Phase III trials of Phenserine in mild to moderate Alzheimer's disease patients.

The New York-based company said top-line data failed to show statistical significance over placebo, as measured by standard cognition scales. Those results confirmed findings reported in February from the first Phase III study of Phenserine, a selective acetylcholinesterase inhibitor, in which the drug failed to meet its cognition endpoint of improved memory in 375 patients. (See BioWorld Today, March 15, 2005.)

"We kind of knew we would probably not achieve ...

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