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Major drugmaker loses $27 billion in market value after failed trial

Two companies announced on Thursday that the heart disease drug they had been developing failed its Phase III trial.

Major drugmaker loses $27 billion in market value after failed trial

Published July 9, 2026 · Category: Finance

Overview

Two companies announced on Thursday that the heart disease drug they had been developing failed its Phase III trial.

Source

Originally published at www.marketwatch.com.

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