NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Mirum Pharmaceuticals Highlights Encouraging Data For Rare Liver Disease Therapy From Two Mid-Stage Studies

Published 17/06/2024, 15:53
© Reuters.  Mirum Pharmaceuticals Highlights Encouraging Data For Rare Liver Disease Therapy From Two Mid-Stage Studies
MIRM
-

Benzinga - by Vandana Singh, Benzinga Editor.

Monday, Mirum Pharmaceuticals Inc. (NASDAQ:MIRM) announced interim results from two Phase 2b studies evaluating volixibat for primary biliary cholangitis (PBC) and primary sclerosing cholangitis (PSC).

Interim results from the VANTAGE study evaluating volixibat in patients with PBC demonstrated a statistically significant (-3.82, p

Related: FDA Approves Mirum’s Livmarli For Liver Disease In Kids As Young As 5 Years: Analyst Bullish On Label Expansion Strategy.

75% of patients on volixibat achieved a greater than 50% reduction in serum bile acids.

In addition, there was a significant improvement in fatigue at week 16 with volixibat compared to the placebo.

No new safety signals were observed, and adverse events were similar between the 20 and 80 mg treatment groups.

The most common adverse event was diarrhea (77%), with all cases mild to moderate and mostly transient.

There were no clinically meaningful changes in liver biomarkers.

Based on these results, the VANTAGE PBC trial will continue with a volixibat dose of 20 mg twice daily.

Concurrently, the interim analysis for the VISTAS PSC study was conducted, and the independent data review committee recommended that the study continue with the selected volixibat dose of 20 mg twice daily, with no changes to the study.

The criteria for continuation included safety and a predefined threshold for efficacy.

Price Action: MIRM shares are up 14.6% at $29.71 at last check Monday.

Photo via Shutterstock

© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.