Swiss biotech Idorsia (SIX: IDIA) yesterday released further data for aprocitentan, the firm’s investigational dual endothelin receptor antagonist for the treatment of patients with resistant hypertension, at the American Society of Nephrology (ASN) Kidney Week 2023.
The company’s shares jumped 14.5% to 2.11 Swiss francs by close of trading on Friday.
Idorsia recently agreed to pay up to $345 million to reacquire rights to aprocitentan, which had been granted to Johnson & Johnson (NYSE: JNJ), as part of the US healthcare giant’s $30 billion buy of Actelion, of which Idorsia was a spin-out.
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