Canadian biopharma Bellus Health (TSE: BLU), a company developing therapeutics for the treatment of refractory chronic cough (RCC) and other hypersensitization-related disorders, closed 49% higher after Monday’s trading.
Bellus had earlier announced that the 50mg and 200mg BID doses of the oral P2X3 antagonist BLU-5937 in its Phase IIb SOOTHE trial for the treatment of RCC achieved statistical significance on the primary endpoint with 34% placebo-adjusted reduction in 24-hour cough frequency observed at day 28.
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