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Amicus Therapeutics Inc. (FOLD) Is Sinking On Phase 3 Study Results

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12/19/2012 4:48 PM ET

Amicus Therapeutics Inc. (FOLD: Quote) and GlaxoSmithKline (GSK: Quote) announced the 6-month primary treatment period results from the first Phase 3 study of oral migalastat HCl monotherapy in males and females with Fabry disease. The study did not achieve statistical significance according to the pre-specified primary endpoint analysis.

Amicus Therapeutics traded in a narrow range throughout Wednesday's session and finished up by 0.11 at $5.77. The stock is now down 2.80 on 637K shares after the bell.

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by RTT Staff Writer

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