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News 2026-10-15 10:22 UTC

BUZZ — Vanda Pharma shares slip as trial failure halts anxiety drug program

* Shares of Vanda Pharmaceuticals fall 1.7% to $4.15 premarket * Co said late on Wednesday its experimental anxiety drug, VQW-765, failed to meet the main goal of a late-stage study * The drug did not reduce stress levels compared to placebo during a public-speaking stress test * Vanda puts the VQW-765 development prog