December 20, 2012
Amicus Therapeutics (NASDAQ: FOLD ) saw its excellent 2012 performance cut in half today, as shares that had been up 70% for the year fell 45% in a single day. The fall came on news that the company's lead drug, called migalastat, which was designed to treat Fabry disease, failed to meet its primary endpoint in its phase 3 trial. In this video, Motley Fool health-care analysts Max Macaluso and Brenton Flynn break down this news, and discuss where Amicus and GlaxoSmithKline (NYSE: GSK ) , with whom Amicus was partnered on the compound, can go from here.
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