San Diego Business Journal

Second Phase 3 Trial for Nuerocrine Bioscience Drug Elagolix Launched

Friday, August 30, 2013

Chicago-based AbbVie Inc. has begun a second Phase 3 trial of San Diego-based Neurocrine Bioscience Inc.’s drug Elagolix that treats uterine fibroids and endometriosis.

Neurocrine Biosciences said that it is on track for a 2016 New Drug Application filing with the Food and Drug Administration.

The two companies entered a collaboration and license agreement for the hormone-based drug in 2010.

Stock for Neurocrine Biosciences, a $1 billion market cap company, closed at $14.98 on August 29.

— Meghana Keshavan