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Despite study setback, a biotech plans to push tremor drug into late-stage testing

In spite of a setback, Praxis Precision Medicines, a Boston-based biotechnology company, plans to move its most advanced experimental drug into late-stage human testing.

On Friday, Praxis said its drug, named ulixacaltamide, failed to meet the main goal of a mid-stage clinical trial testing it as a treatment for essential tremor — a neurological disorder that causes involuntary shaking in the hands and arms and, sometimes, other parts of the body.

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