Results from a Phase III, randomized, double-blind, multi-center clinical study (BELIEVE) showed that luspatercept achieved a highly statistically-significant improvement in the primary endpoint of erythroid response, adding to earlier positive data a couple of weeks ago.
According to the drug’s developers, Celgene (Nasdaq: CELG) and Acceleron Pharma (Nasdaq: XLRN), this response was defined as at least a 33% reduction from baseline in red blood cell (RBC) transfusion burden with a reduction of at least 2 units during the protocol-defined period of 12 consecutive weeks, from week 13 to week 24, compared to placebo.
Acceleron’s shares were up 12.87% at $53.50 in pre-market trading this morning, while Celgene gained a modest 0.83% to $84.55.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze