Epic Test Fail Behind $4 Billion Rout Doesn't Faze Drugmaker

  • SanBio co-founder Mori says SB623 still has ‘huge potential’
  • Options remain for treating chronic stroke, brain injuries
Keita MoriPhotographer: Kentaro Takahashi/Bloomberg
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When Keita Mori, co-founder of SanBio Co., heard the news in January that the company’s flagship drug candidate had failed a major test, he almost lost his cool.

“It was a huge shock,” Mori said in an interview at the drugmaker’s Tokyo headquarters. “My head was spinning."