Agios Pharmaceuticals’ (Nasdaq: AGIO) shares rose 5.2% to $24.02 by close of trading yesterday on the news of positive trial results for its mitapivat.
The company announced that the global Phase III ENERGIZE study of mitapivat in adults with non-transfusion-dependent (NTD) alpha- or beta-thalassemia achieved its primary endpoint of hemoglobin response. Additionally, statistical significance was also achieved for both key secondary endpoints associated with change from baseline in FACIT-Fatigue Score and hemoglobin concentration, Agios noted.
Under the trade name Pyrukynd, mitapivat was approved by the US Food and Drug Administration in 2022 to treat hemolytic anemia (a disorder in which red blood cells are destroyed faster than they can be made) in adults with pyruvate kinase (PK) deficiency.
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