NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky announces it has commenced an investigation of Anthera Pharmaceuticals, Inc. (NASDAQ:ANTH) (“Anthera Pharmaceuticals”) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors.
On November 10, 2016, Anthera announced that “the CHABLIS-SC1 clinical trial with blisibimod for the treatment of systemic lupus erythematosus (SLE) failed to meet its primary endpoint based upon the SLE Responder Index-6 (SRI-6) at 52 weeks.” Then on December 27, 2016, Anthera announced that its SOLUTION Phase 3 Study for liprotamase also failed to meet its primary endpoint. The Company announced it would conduct a new study of liprotamase. During this time, shares of Anthera fell 73%, from a close of $2.78 per share on November 9, 2016 to a close of $0.74 per share on December 28, 2016. To obtain additional information, go to:
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