Dimerix Says Kidney Disease Trial to Continue After Independent Review; Shares Down 3%

MT Newswires Live
2024/11/21

Biopharmaceutical company Dimerix (ASX:DXB) confirmed that the fifth Independent Data Monitoring Committee (IDMC) review of the Action3 phase 3 trial data identified no safety concerns and recommended the trial's continuation, according to a Wednesday filing with the Australian bourse.

The study is evaluating the efficacy and safety of the company's product candidate DMX200 in patients with focal segmental glomerulosclerosis kidney disease, the filing said.

The next IDMC meeting is scheduled for the second quarter of 2025, according to the filing.

Dimerix shares fell nearly 3% in afternoon trade Thursday.

Price (AUD): $0.33, Change: $-0.01, Percent Change: -2.99%

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