Novartis discontinues development of GT005 in Geographic Atrophy
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Novartis has decided to discontinue development of GT005 (PPY988) in Geographic Atrophy (GA) secondary to dry-Age-related Macular Degeneration (dry-AMD).
This decision was based on a recommendation from the independent Data Monitoring Committee (DMC) following an overall benefit risk assessment of available data from the program studies, which concluded futility criteria had been met. Importantly, no new safety signals were identified.
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