When Amylyx brought its ALS drug before the FDA in 2022, the biotech faced questions about what it would do if a crucial Phase 3 trial failed.
On Thursday, the
company announced
that it would pull the drug from the market less than a month after it
failed to show
that it slowed the disease better than a placebo. It’s a blow to Amylyx, which will let go about 70% of its workforce, but the move is earning praise for following through on its promise from 2022 that it would do “what’s right for patients,” as co-CEO Justin Klee pledged at the time.