(Reuters) - Johnson & Johnson's blood clot preventer failed to benefit patients admitted to hospitals with acute illnesses, due to a surprisingly high rate of bleeding, according to results of a new late-stage trial.
The trial failure for the closely followed drug, rivaroxaban, represents a significant setback for Johnson & Johnson (JNJ.N) and its partner Bayer AG (BAYGn.DE).
Industry analysts had predicted the trial, if successful, would create a potential $2.8 billion-a-year market opportunity for the medicine among the vast patient population represented in the study.
via uk.reuters.com
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