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Stock impact report

Agios (AGIO) Gets 18.6% Boost from Aqvesme OK [Yahoo! Finance]

Agios Pharmaceuticals, Inc. (AGIO) 
Last agios pharmaceuticals, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.agios.com/investor-overview
Company Research Source: Yahoo! Finance
Agios Pharmaceuticals soared by 18.63 percent on Wednesday to close at $29.17 apiece after securing the approval of the Food and Drug Administration (FDA) for anemia treatment, Aqvesme. In a statement, Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) said that the FDA officially approved Aqvesme to treat anemia in patients with alpha or beta thalassemia. The drug is the only FDA-approved medicine for anemia in both non-transfusion-dependent and transfusion-dependent alpha- or beta-thalassemia. The approval followed the successful phase 3 clinical study for the efficacy of the treatment in 452 enrolled patients. The program met all primary endpoints, demonstrating that Aqvesme can improve hemolytic anemia and a key quality-of-life measure compared to placebo, including significant reductions in transfusion burden and significant improvements in hemoglobin and fatigue. During the program, however, five patients who received the treatment experienced adverse reactions suggestive of hepat Show less Read more
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