Roche scraps €120M SMA drug after hitting ‘many difficulties’

Roche scraps €120M SMA drug after hitting ‘many difficulties’

Source: 
Fierce Biotech
snippet: 

Roche has stopped development of the spinal muscular atrophy (SMA) drug it acquired for €120 million ($140 million) upfront three years ago. The Swiss pharma is walking away from olesoxime after running into “many difficulties in developing” the oral mitochondria-boosting drug.