Update On Preclinical Finding And Development Timeline For PCI-45292

Pharmacyclics, Inc. (Nasdaq: PCYC) announced that further advancement of PCI-45292, a Btk inhibitor with exceptionally potent anti-arthritis activity in mice and rats, has been suspended following results from the current set of preclinical toxicology studies. The company hopes to have a new clinical development candidate identified within approximately 6 months. PCI-45292 has been under preclinical development for approximately 1 year as a potential new agent for the treatment of immune mediated diseases...

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