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Stock impact report

Amylyx Pharmaceuticals Sets Up Q3 Phase 3 Avexitide Data Readout, Eyes Potential 2027 Launch [Yahoo! Finance]

Amylyx Pharmaceuticals, Inc. (AMLX) 
Company Research Source: Yahoo! Finance
mg once-daily morning injection with a 16-week double-blind period and a composite primary endpoint of Level 2 and Level 3 hypoglycemic events. The company is preparing for a potential commercial launch in , says it has more than $300 million cash (running into 2028) to fund operations and holds patents on avexitide through 2037. Avexitide is a GLP-1 receptor antagonist and prior Phase 2b data showed clinical activity (including a reported ~ 64% reduction in the composite endpoint and a median patient with zero events), supporting FDA Breakthrough Therapy designation in PBH. Interested in Amylyx Pharmaceuticals, Inc.? Here are five stocks we like better. 3 small-cap biotechs with potential breakthroughs in 2024 Amylyx Pharmaceuticals (NASDAQ:AMLX) is entering what it described as a pivotal year for its lead program, avexitide, with Phase 3 data expected in the third quarter and preparations underway for a potential commercial launch in 2027, Chief Financial Officer Jim Frate Show less Read more
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