financetom
Business
financetom
/
Business
/
Biogen, Partner Say Late-Stage Trial of Lupus Erythematosus Drug Candidate Met Primary Endpoint
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Biogen, Partner Say Late-Stage Trial of Lupus Erythematosus Drug Candidate Met Primary Endpoint
Nov 19, 2024 8:37 PM

05:14 AM EST, 11/19/2024 (MT Newswires) -- Biogen (BIIB) and its collaboration partner UCB said Tuesday their phase 3 trial evaluating dapirolizumab pegol in patients with moderate-to-severe systemic lupus erythematosus met its primary endpoint.

Results of the late-stage trial showed "significant clinical improvement" in disease activity in the subject patients, as well as a generally favorable safety profile, the companies said.

However, the trial failed to achieve statistical significance in the first secondary endpoint, they said. The companies plan to start a second phase 3 trial of the drug candidate in 2024.

Systemic lupus erythematosus is a chronic autoimmune disease affecting multiple organ systems, mainly in women.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
AT&T's Q2 Earnings, Cash Flow Drive 'Bullish Stance,' UBS Says
AT&T's Q2 Earnings, Cash Flow Drive 'Bullish Stance,' UBS Says
Jul 25, 2024
01:14 PM EDT, 07/25/2024 (MT Newswires) -- AT&T's ( T ) Q2 results indicate sustainable earnings before interest, taxes, depreciation and amortization along with free cash flow growth, underpinning a bullish stance, UBS Securities said Wednesday in a report. EBITDA growth of 3% will be supported by wireless and fiber subscription gains in H2 and an increase in upgrade rates,...
RTX Rockets Past Estimates: Q2 Sales and EPS Surge, 2024 Outlook Brightens
RTX Rockets Past Estimates: Q2 Sales and EPS Surge, 2024 Outlook Brightens
Jul 25, 2024
RTX Corporation ( RTX ) shares are trading higher after the company reported second-quarter results and raised its 2024 outlook. RTX's adjusted net sales increase 8% year-over-year to $19.791 billion, beating the consensus of $19.28 billion. Adjusted EPS grew 9% to $1.41, above the consensus of $1.30. Collins Aerospace's sales were $6.99 billion (+10% Y/Y), driven by a 12% increase...
California top court upholds ballot measure treating Uber, Lyft drivers as independent contractors
California top court upholds ballot measure treating Uber, Lyft drivers as independent contractors
Jul 25, 2024
July 25 (Reuters) - California's top state court on Thursday upheld a measure approved by voters allowing app-based services such as Uber ( UBER ) and Lyft ( LYFT ) to consider drivers in the most populous U.S. state as independent contractors rather than as employees entitled to greater benefits. The ruling by the California Supreme Court is a major...
Tequila maker Becle pauses plant operations after deadly Mexico blast
Tequila maker Becle pauses plant operations after deadly Mexico blast
Jul 25, 2024
MEXICO CITY, July 25 (Reuters) - Mexico's Becle , the world's largest tequila producer, on Thursday said it had suspended operations at its plant in Tequila where a deadly explosion killed six people earlier in the week, until further notice. Becle said in a statement that it has been supporting the families of those who died. Turning to the financial...
Copyright 2023-2026 - www.financetom.com All Rights Reserved