Positive data send United Therapeutics' shares surging
A positive result from the INCREASE study sent shares in the USA-based lung specialist United Therapeutics (Nasdaq: UTHR) soaring nearly 8% in morning trading on Monday.
The study, which is testing Tyvaso (treprostinil) in people with pulmonary hypertension associated with interstitial lung disease (PH-ILD), met its primary efficacy endpoint, improvement in six-minute walk distance (6MWD).
Tyvaso increased six-minute walk distance by 21 meters, compared with placebo. Significant improvements were also observed in each of the study's secondary endpoints.
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