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Targacept, AstraZeneca Face Another Failure With NNR Class

This article was originally published in The Pink Sheet Daily

Executive Summary

The Targacept/AstraZeneca partnership faces another major setback as they decide not to file their neuronal nicotinic receptor modulator TC-5214 in major depressive disorder. Targacept CEO chalks the trial failure up to the gray areas of depression trial design.

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