FDA halts Halozyme’s pancreatic cancer study

A view shows the U.S. Food and Drug Administration (FDA) logo at its headquarters in Silver Spring(Reuters) – Halozyme Therapeutics Inc said the U.S. Food and Drug Administration ordered a halt on a study of its drug delivery system in pancreatic cancer patients, barely a week after the company voluntarily stopped the trial. The company's shares fell about 3 percent to $8.06 in trading before the bell. Halozyme said on April 4 that it had temporarily stopped the trial after the recommendation of an independent safety board, which was assessing a possible difference in the rate of blood clots found in patients receiving Halozyme's treatment and those receiving approved cancer treatments. The company said on Wednesday that it was gathering information related to the issue and would provide it to the safety monitoring committee and the FDA.