US development stage biopharma company Anthera Pharmaceuticals (Nasdaq: ANTH) saw its share rocket 25% on Wednesday after it revealed the successful completion of an interim analysis of its Phase III trial (CHABLIS-SC1) of blisibimod in patients with systemic lupus erythematosus (SLE). It added a further 3.3% to $3.29 in morning trading today.
An independent statistician conducted the interim futility analysis for the CHABLIS-SC1 study, evaluating the SRI-6 response at the 24 week time point, recommending it should continue to completion as planned. Enrollment in the trial is projected to conclude in mid-2015.
"While the results of the CHABLIS-SC1 interim futility analysis remain blinded to Anthera, we are very pleased that the study has passed this critical milestone and now look forward to finishing enrollment later this year," said Colin Hislop, Anthera's chief medical officer.
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