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ALS drug to be withdrawn from U.S. market after study shows no benefit to patients

The maker of a drug for Lou Gehrig's disease that recently failed in a large study said Thursday that it will withdraw it from the market, acknowledging that it does not help patients with the deadly neurological disease. Amylyx Pharmaceuticals announced that it would voluntarily stop sales and marketing of the drug in the United States and Canada and that new patients would no longer be able to receive the treatment. "While this is a difficult time for the ALS community, we have worked with the stakeholders who will be affected to achieve this path forward based on our unwavering commitment to people with ALS," said Koon in a statement.

Not the UK or Japan India will be Apple's third largest iPhone market in just two years.

This article was first published on the Benzinga India portal. According to Counterpoint Research, India will become the third largest iPhone market for Apple (NASDAQ: AAPL) by 2026, surpassing Japan and the U.K. In 2023, Apple witnessed a major milestone in India when it shipped more than 10 million iPhones for the first time, generating revenues of more than $1 billion. See also SEE ALSO: X Launches Community Notes in India Just in Time for Elections Interestingly, iPhone shipments in India have already exceeded 10 million units.
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