financetom
Business
financetom
/
Business
/
What's Going On With Windtree Therapeutics Stock Wednesday?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
What's Going On With Windtree Therapeutics Stock Wednesday?
Sep 6, 2024 12:27 PM

Windtree Therapeutics, Inc. shares are trading higher Wednesday after the company completed enrollment of its SEISMiC Extension Phase 2b study of istaroxime in early cardiogenic shock caused by heart failure.

The Details: The company is hoping to build on the positive results from a previous study, the SEISMiC Phase 2 clinical study, regarding the ability of istaroxime to improve heart function and low blood pressure in the context of early cardiogenic shock due to heart failure.

Also, Windtree Therapeutics ( WINT ) hopes that the study confirms its observations from the prior study that the drug has a favorable renal profile and does not increase cardiac arrhythmias.

One key difference between this study and the SEISMiC Phase 2 clinical study is that the company is using a longer dosing duration and tapering the dosage to analyze potential benefits. Specifically, the study will extend the dosing duration from 24 hours to 60 hours. Additionally, one group of participants in the study will receive a constant dose of istaroxime, while another group will receive a decreasing dosage.

“We look forward to announcing topline results from the SEISMiC Extension Study by the end of the month and plan to present this data at a major medical meeting in the very near future,” said Steve Simonson, chief medical officer and senior vice president of Windtree.

See Also: Despite Medicare Negotiations, Americans May Still Have To Pay More For Prescription Drugs

WINT Price Action: At the time of writing, Windtree stock is moving 18.6% higher at $3.78, according to data from Benzinga Pro.

Image: Emilian Danaila from Pixabay

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 >
Energy equipment supplier Holtec files lawsuit against accounting firm CBIZ
Energy equipment supplier Holtec files lawsuit against accounting firm CBIZ
Oct 3, 2024
Oct 3 (Reuters) - U.S.-based energy equipment supplier Holtec International has filed a joint lawsuit with two other firms against accounting firm CBIZ ( CBZ ) and its senior executive Lonnie Davis, the company said on Thursday. The company also alleged business misconduct, including fraud, breach of contract and accounting malpractice, against CBIZ ( CBZ ) and two former Holtec...
TotalEnergies and Wajax Extending Strategic Partnership Across Canada
TotalEnergies and Wajax Extending Strategic Partnership Across Canada
Oct 3, 2024
09:23 AM EDT, 10/03/2024 (MT Newswires) -- TotalEnergies Marketing Canada Inc. on Thursday extended its strategic partnership with Wajax ( WJXFF ) , a Canadian supplier of industrial products, equipment and services. In a statement, TotalEnergies said Wajax ( WJXFF ) through its 120 branches will ensure nationwide coverage and product availability around a full range of TotalEnergies lubricants needed...
EVgo Receives US Offer of Up to $1.05 Billion in Financing to Expand Charging Network; Shares Jump
EVgo Receives US Offer of Up to $1.05 Billion in Financing to Expand Charging Network; Shares Jump
Oct 3, 2024
09:24 AM EDT, 10/03/2024 (MT Newswires) -- EVgo ( EVGO ) said Thursday it has received a conditional commitment for a loan guarantee of up to $1.05 billion from the US Department of Energy to expand its fast charging network. The financing will facilitate the build out of about 7,500 additional fast charging stalls across the US, the company said....
Eli Lilly's Weight-Loss Drug to Be Offered in UK Government Rollout
Eli Lilly's Weight-Loss Drug to Be Offered in UK Government Rollout
Oct 3, 2024
09:28 AM EDT, 10/03/2024 (MT Newswires) -- Eli Lilly's ( LLY ) weight-loss drug Mounjaro will be offered to patients most in need across England through a phased government rollout, the National Institute for Health and Care Excellence, or NICE, said Thursday. Britain's National Health Service is proposing a phased rollout of Mounjaro, also known as Zepbound in the US,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved