Isis (NASDAQ: ISIS) and Genzyme (NASDAQ: GENZ) have hit a slate of primary and secondary Phase III targets for their closely watched cholesterol drug mipomersen, putting them on track to file an NDA in the first half of 2011. Despite the upbeat news, Isis shares slid about 8 percent this morning.
Investigators recruited more than 200 hard-to-treat patients for the late-stage trials. And they say that liver enzyme levels, a key safety biomarker, were comparable to earlier studies. In...