Bump for Baltimore biotech taking on age-related frailty
Age-related and autoimmune disease specialist MyMD Pharmaceuticals (Nasdaq: MYMD) has announced positive Phase II data for its oral TNF-α inhibitor, MYMD-1.
The Baltimore, USA-based company saw its shares jump by a third on Monday, following the announcement that the novel sarcopenia medicine performed well in the trial, which met both primary endpoints.
MyMD is testing the drug for the treatment of chronic inflammation associated with sarcopenia, also known as age-related frailty, an indication for which there are no approved products.
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