Made stock market news. Disappointing to see.
...In a phase 2 study, SER-109 did not reduce the risks associated with the infection, compared to the placebo, at up to eight weeks of treatment.
Seres Chairman and CEO Roger Pomerantz said, in a press release, that the clinical results were "unexpected" in view of positive data in prior investigations and supporting clinical data.
"Specifically, the recurrence rates observed in the overall SER-109 treatment group, in the age stratified subgroups, and in the placebo groups are inconsistent with our expectations," he said. "Our priority is to complete a full review of the clinical results and microbiome data of the phase 2 study and to compare it to data from the prior investigator sponsored Phase 1b."
Seres said it will continue to gather and analyze study data, and in consultation with the U.S. Food and Drug Administration, make appropriate adjustments to its SER-109 development plans.
However, investors saw the results as potentially warning about the entire area of microbiome therapeutics, which has been looked on with much promise. The burgeoning field looks to treat illnesses by adding "good" bacteria to your digestive tract.
Seres is one of several companies racing to do that. Others include Vedanta Biosciences, Enterome, Second Genome, EpiBiome and uBiome.
The spokesman for Seres didn't immediately respond for CNBC's request for comment.