Dyax halts mid-stage study of rare disease drug

Thu Jun 14, 2012 4:29pm EDT

(Reuters) – Dyax Corp said it would halt a mid-stage study of its drug to treat a rare disease that causes swelling beneath the skin, after it failed to show significant improvement compared with a placebo.

The drug was being developed as an acute treatment for angioedema, or swelling of the subcutaneous tissue, induced by a hypertension drug called angiotensin-converting-enzyme inhibitor.

The Burlington, Massachusetts-based company said it is currently assessing options regarding future investigational efforts to treat this condition.

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Dyax halts mid-stage study of rare disease drug

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