Respiratory disease specialist Verona Pharma (Nasdaq: VRNA) has seen its shares jump from around $13 to $18 following positive results from the Phase III ENHANCE-1 trial.
The Anglo-American company is evaluating a nebulized product delivering a novel dual inhibitor, ensifentrine, for the maintenance treatment of chronic obstructive pulmonary disease (COPD).
The trial met its primary and key secondary endpoints, with significant improvements in lung function, symptoms and quality of life measures.
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