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It’s time to reconsider and maybe revoke the approval of Acadia Pharmaceuticals’ (ACAD) antipsychotic drug Nuplazid.

The San Diego-based drug maker has run four randomized, placebo-controlled Phase 3 clinical trials of Nuplazid and managed to demonstrate a statistically significant reduction in hallucinations and psychotic symptoms in only one of them. 

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Three of these clinical trials failed, including a study involving schizophrenia patients that Acadia announced on Monday night. 

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