Cassava Sciences' Simufilam Fails Phase 3 Alzheimer's Trial, Halting Further Development
- Cassava Sciences' Phase 3 ReThink-ALZ trial of simufilam in mild-to-moderate Alzheimer's disease did not meet its co-primary endpoints, indicating no significant cognitive or functional benefit.
- Due to the disappointing results, Cassava Sciences is discontinuing its second Phase 3 trial, ReFocus-ALZ, and the Open Label Extension study, effectively halting simufilam's development.
- Despite the setback, simufilam maintained a favorable safety profile throughout the trial, and the company reported $149 million in cash reserves as of Q3 2024.
- The company intends to present detailed analyses of both studies in the future, while also expressing gratitude to patients, families, and investigators involved in the clinical program.
Cassava Sciences, Inc.
Posted 11/3/2021