Although the company will continue to pursue "higher-risk, high reward" drug candidates such as pegilodecakin, these will be a smaller part of the portfolio in the future, said Chief Scientific Officer Daniel Skovronsky.

"This will be a significant cost saving for many of our urological patients with erectile dysfunction, including those experiencing side effects from diabetes or prostate cancer treatment," Dr Katz said in a statement on Thursday.

Nicholas Hewlett, head of St Dunstan's College private school in southeast London, said staff were worried by a 'righteous generation' of children who were looking for their teachers to 'trip up' on even 'small, persistent slights'.

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