Destiny soars on new data for XF-73 Nasal Gel
UK-based biotech Destiny Pharma (AIM: DEST) today announced positive top-line results from its Phase IIb clinical study testing its XF-73 nasal gel as a new product for the prevention of the incidence of post-surgical infections such as methicillin-resistant Staphylococcus aureus (MRSA).
The primary efficacy endpoint was met with an exceptionally high statistical significance and there were no treatment related safety events.
Destiny’s shares shot up 57%to 250 pence in pre-market trading following the news.
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