Anti-allergy immunotherapy delivers strong Phase III data
ASIT biotech (Euronext: ASIT) has reported positive results from its Phase III clinical trial into gp-ASIT+, resulting in high trading volumes and a 2% spike in the company’s share price today.
The Belgian biopharmaceutical company, which focuses on immunotherapy products for the treatment of allergies, is developing the drug to combat grass pollen rhinitis.
The company reports it is the first ever clinical study to demonstrate the clinical efficacy of allergen peptides in a real-life setting. The trial took place at 67 clinical centers in Europe, and involved 554 randomized patients.
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