Plus, news about Cogent and Indivior:
Karuna delays some KarXT readouts: As the drugmaker awaits closing of its large exit to Bristol Myers Squibb and a September FDA decision on its schizophrenia drug, the biotech said it has delayed a trio of study readouts for the candidate, known as KarXT. Topline data from the ARISE study in schizophrenia acute psychosis are now expected in 2025 rather than the back half of this year, and readouts from the two ADEPT trials in Alzheimer’s disease psychosis are now slated for 2026 rather than 2025, William Blair analyst Myles Minter noted. — Kyle LaHucik
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