Chimerix up 41% premarket on launch of DSTAT study in COVID-19 [Seeking Alpha]
Chimerix, Inc. (CMRX)
Last chimerix, inc. earnings: 2/25 07:00 am
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Source: Seeking Alpha
Healthcare|On the MoveChimerix up 41% premarket on launch of DSTAT study in COVID-19Apr. 29, 2020 7:38 AM ETChimerix, Inc. (CMRX)Douglas W. HouseNano cap Chimerix (NASDAQ:initiationThe Phase 2 part of the study will enroll 24 subjects to confirm the maximum safe dose while the Phase 3 part will enroll ~450 participants.The primary endpoint will be the proportion of patients who survive and do not require mechanical ventilation through day 28.The company says DSTAT is a glycosaminoglycan derivative of blood thinner heparin with robust anti-inflammatory properties, including the potential to address underlying causes of coagulation disorders with substantially reduced risk of bleeding complications compared to commercially available forms of heparin.Management will host a conference call this morning at 8:30 am ET to discuss the trial.See all stocks on the move »Now read:Chimerix on go with U.S. application for brincidofovir as smallpox countermeasure »
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