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Rigel Expects R788 Partnership After Phase 2b Clinical Trials Results

Published in Drug Law Weekly, February 17th, 2009

Rigel Pharmaceuticals, Inc. (NASDAQ:RIGL) announced that it will delay further partnership discussions regarding R788 until after results from the Phase 2b clinical trials of R788 are available. The company expects that these results, involving approximately 650 additional patients, will substantially further the understanding of R788's potential and may therefore drive enhanced economics in a possible deal. The company expects to have a collaboration partnership in place prior to initiating Phase 3 clinical trials. Enrollment in the two Phase 2b clinical trials of R788, TASKi2 and TASKi3, are ahead of schedule and the results from these clinical trials are expected to be available in...

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