Xenon Halts Trial Enrollment After Adverse Events

By Katherine Hamilton


Xenon Pharmaceuticals said it was voluntarily pausing enrollment for trials of azetukalner to treat depression and bipolar treatments, after adverse events occurred in the studies.

The biopharmaceutical company said the pause is a precaution while Xenon is in consultation with its data safety monitoring board. The participants already enrolled in the studies will continue.

Xenon's stock sank 20% to $45.98 in after-hours trading Thursday. Through the close, shares were up 29% this year.

The company said the observed events, as well as their rate and severity, were consistent with the known safety and tolerability profile of azetukalner, but the events hadn't previously been seen in an earlier trial.

Xenon expects the pause to be temporary and is evaluating different dosing modifications to help mitigate adverse events.

Azetukalner is also being evaluated as a treatment for seizures. Xenon said Thursday that it submitted a new drug application to the Food and Drug Administration for azetukalner as a treatment for focal seizures.


Write to Katherine Hamilton at katherine.hamilton@wsj.com


(END) Dow Jones Newswires

September 17, 2026 16:39 ET (20:39 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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