Shares in Californian fibrosis specialist Pliant Therapeutics (Nasdaq: PLRX) opened 14% higher on Tuesday, after the firm announced encouraging interim results from a Phase IIa trial.
The company, which is focused on discovering and developing novel therapeutics for fibrotic conditions, is trialling PLN-74809, an oral drug, in people with idiopathic pulmonary fibrosis (IPF).
The therapy is an innovative dual selective inhibitor of integrin beta-1 and beta-6.
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