Leading Indian drugmaker Sun Pharma (NYSE: SUNPHARMA) and Spain's largest pharma firm Almirall (ALM: MC), have announced positive results from two Phase III trials of tildrakizumab, as a potential treatment for chronic moderate-to-severe plaque psoriasis.
The trials of the investigational IL-23p19 inhibitor achieved the primary endpoint and further efficacy and safety attributes in the pivotal data presented at the European Academy of Dermatology and Venereology (EADV) Congress this weekend, and both companies' share prices were slightly up in Monday's early trading.
"These tildrakizumab results further validate the central role of IL-23 as a key regulatory cytokine and treatment target in psoriasis"
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