Albireo shares rocket as study sets up second Bylvay approval

12 October 2022

Boston-based Albireo Pharma (Nasdaq: ALBO), a rare disease company developing novel bile acid modulators to treat pediatric and adult liver diseases, closed more than 14% higher after Tuesday’s trading.

This followed the firm’s announcement of positive top-line results from the Phase III ASSERT study evaluating the safety and efficacy of Bylvay (odevixibat) in Alagille syndrome (ALGS) patients, from birth to early adulthood.

"Early, rapid, and sustained effects on reducing pruritus and bile acids in ALGS"

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