Heron Therapeutics (Nasdaq: HRTX) last week announced positive, top-line results from its recently completed Phase III MAGIC study with its Sustol (granisetron, extended-release). News of the new clinical data saw Heron’s shares rocket 60% to $19.76 in pre-market trading on Friday.
MAGIC evaluated the efficacy and safety of the company’s 5-HT3 receptor antagonist product candidate Sustol as part of a three-drug regimen with the intravenous (IV) neurokinin-1 (NK1) receptor antagonist fosaprepitant (Merck & Co’s Emend) and the IV corticosteroid dexamethasone for the prevention of delayed-onset chemotherapy-induced nausea and vomiting (CINV) following administration of highly emetogenic chemotherapy (HEC) agents.
NDA resubmission expected mid-2015
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