(RTTNews) - Johnson & Johnson (JNJ), Friday announced its decision to discontinue Phase 2 field study, evaluating the efficacy of Mosnodenvir, formerly JNJ-1802, for the prevention of dengue virus in adults aged 18 to 65 years.
The decision comes as a part of a strategic reprioritization of the company's Communicable Diseases research and development portfolio.
Previously, phase 1 and phase 2a clinical studies found the investigational antiviral compound to be safe and well tolerated.
The company added that the efficacy data from phase 2 field study will be soon published after the completion of the ongoing final data analyses.
Currently, JNJ's stock is trading at $159.24, down 0.78 percent on the New York Stock Exchange.
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