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Why Soleno Therapeutics Shares Are Surging Today

Published 14/06/2022, 10:56
© Reuters.  Why Soleno Therapeutics Shares Are Surging Today
SLNO
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  • Soleno Therapeutics Inc (NASDAQ: SLNO) presented new data from its ongoing late-stage DCCR development program for Prader-Willi syndrome (PWS) at ENDO 2022.
  • A chronic feeling of insatiable hunger characterizes PWS.
  • Patients (n=82) experienced improvements in body composition, as evidenced by statistically significant changes in lean body mass and the ratio of lean body mass to fat mass.
  • Related: Soleno Therapeutics Provides Regulatory Update On DCCR For The Treatment Of Prader-Willi Syndrome.
  • These changes were accompanied by reduced levels of leptin, fasting insulin, and an improvement in insulin sensitivity, likely related to a combination of reduced fat mass and improved leptin resistance.
  • A statistically significant increase in adiponectin, a cardioprotective marker, was also observed.
  • Similar effects were observed in obese participants (n=40) enrolled in these studies.
  • In addition, Soleno Therapeutics highlighted the ongoing safety of DCCR, with the most common adverse events (hypertrichosis, hyperglycemia, and peripheral edema) being as expected based on prior experience with DCCR.
  • Price Action: SLNO shares are up 35.78% at $0.23 during the premarket session on the last check Tuesday.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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