Win for Cara in Phase III itching study

21 April 2020

Vifor Fresenius Medical Care Renal Pharma (VFMCRP) and Cara Therapeutics (Nasdaq: CARA) have announced positive top-line data from the Phase III KALM-2 study of Korsuva (CR845/difelikefalin).

In May 2018, Cara signed an ex-U.S. licensing agreement for Korsuva with VFMCRP, potentially worth $540 million.

Cara shares were up nearly 15% in pre-market trading on Tuesday.

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