Intra-Cellular Therapies (Nasdaq: ITCI) has announced positive top-line results from its Study 403, testing the novel depression therapy Caplyta (lumateperone).
The company’s stock price jumped around $10 following the news, with shares in the company now changing hands for around $55 a piece.
The results are important for Intra-Cellular, as they show a robust effect in treating people with different forms of depression, all of whom suffer from severe symptoms and increased risk of suicide.
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