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dav1234

03/19/12 7:20 PM

#138860 RE: turtlepower #138857

On TRGT ,u have any inclination to lean either positive or negative on pending results?
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turtlepower

03/20/12 6:40 AM

#138900 RE: turtlepower #138857

TRGT - AstraZeneca and Targacept Announce Remaining TC-5214 Phase 3 Efficacy Studies Do Not Meet Primary Endpoint, Regulatory Filing Will Not Be Pursued
LONDON & WINSTON-SALEM, N.C.--(BUSINESS WIRE)--Mar. 20, 2012-- AstraZeneca and Targacept, Inc. today announced top-line results from the remaining Phase 3 studies investigating efficacy, tolerability and safety of TC-5214 as an adjunct therapy to an antidepressant in patients with major depressive disorder (MDD) who did not respond adequately to initial antidepressant treatment. RENAISSANCE 4 and RENAISSANCE 5, both efficacy and tolerability studies, did not meet the primary endpoint of change on the Montgomery-Asberg Depression Rating Scale (MADRS) total score after eight weeks of adjunct treatment with TC-5214 as compared to placebo.

http://phoenix.corporate-ir.net/phoenix.zhtml?c=178332&p=irol-newsArticle&ID=1674213&highlight=