CoLucid Pharma Completes Enrollment for SAMURAI Phase III Study Evaluating Oral Lasmiditan

On June 7th, CoLucid Pharmaceuticals (NasdaqCM: CLCD) announced the completion of enrollment in the SAMURAI Phase III study, the first of two pivotal studies evaluating oral lasmiditan as an acute treatment for migraines. CoLucid is developing oral lasmiditan as a firstline therapy for migraine sufferers who are contraindicated from using triptans, the current standard-of-care, due to cardiovascular conditions or risk factors. The Company plans to include data from the ongoing SAMURAI and SPARTAN Phase III studies in a potential NDA submission for oral lasmiditan. CoLucid expects to report topline SAMURAI data in the third quarter of 2016, and results from the SPARTAN trial are expected in the middle of 2017.

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