Shares in East Coast, USA-based oncology firm Agios Pharmaceutical (Nasdaq: AGIO) were up 14% ahead of the opening bell on Thursday, after positive Phase III results.
Agios, which specializes in cellular metabolism to treat cancer and rare genetic diseases, announced that the ClarIDHy trial met its primary endpoint.
The trial is testing Tibsovo (ivosidenib), a small molecule inhibitor of IDH1, in certain people with cholangiocarcinoma who have been previously treated.
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