Biogen Inc. ((BIIB)), Biogen ((CC:HTER)) announced an update on their ongoing clinical study.
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Biogen Inc. is conducting a clinical study titled A Phase 3, 2-Part, Randomized, Double-Blind, Placebo-Controlled Study (Part 1) and Open-Label Extension (Part 2) to Evaluate the Efficacy, Safety, Pharmacokinetics, and Pharmacodynamics of Omaveloxolone (BIIB141) in Participants With Friedreich’s Ataxia Aged 2 to < 16 Years. The study aims to assess the effects and long-term safety of BIIB141, or omaveloxolone, in children and teens with Friedreich's Ataxia (FA), a condition for which the drug is currently approved only for those aged 16 and older.
The intervention being tested is omaveloxolone, a drug intended to manage symptoms of FA, specifically targeting balance, stability, and overall health, including heart health and puberty changes. The study will also evaluate the drug’s safety profile in younger patients.
The study is designed as a two-part trial. Part 1 is a randomized, double-blind, placebo-controlled trial, while Part 2 is an open-label extension. Participants are randomly assigned to receive either the drug or a placebo in Part 1, with masking applied to participants, care providers, investigators, and outcomes assessors. The primary purpose is treatment-focused.
The study began on June 9, 2025, with a primary completion date set for 52 weeks after the start. The estimated overall completion is expected after 156 weeks, with the last update submitted on July 11, 2025. These timelines are crucial for tracking progress and potential market entry.
This study update could positively impact Biogen’s stock performance by expanding the potential market for omaveloxolone to younger patients, enhancing investor sentiment. It positions Biogen competitively in the FA treatment landscape, potentially influencing market dynamics.
The study is ongoing, with further details available on the ClinicalTrials portal.