• Moberg Pharma's MOB-015 did not meet the primary endpoint in its North American Phase 3 trial for onychomycosis using an 8-week daily dosing regimen followed by weekly maintenance.
• The study's results indicated that the reduced dosage regimen was insufficient, reinforcing the need for a longer daily treatment, as approved in the EU, for effective topical treatment.
• Bayer Consumer Health will halt the launch of MOB-015 due to strategic reasons, leading Moberg Pharma to regain full rights for MOB-015 in the EU and reassess its US strategy.
• Moberg Pharma will shift its focus to the European market, aiming for a stronger presence and commercial role, while also exploring potential partnerships for further development.