other material
confidence high
sentiment negative
materiality 0.90
Oramed Phase 3 oral insulin trial fails; discontinues T2D program
ORAMED PHARMACEUTICALS INC.
- Phase 3 ORA-D-013-1 of ORMD-0801 missed primary endpoint: mean A1C change at 26 weeks.
- Secondary endpoint (fasting plasma glucose) also missed; no serious drug-related adverse events.
- Company will discontinue all oral insulin clinical activities for type 2 diabetes.