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0 0 0.0108695652173913 0.0114173913043479 0.0217391304347826 0.0256521739130435 0.0220130434782609 -0.0217391304347826
Stock impact report

Immunovant shares plunge after phase 3 trials fails to meet primary endpoint [Yahoo! Finance]

Immunovant, Inc. (IMVT) 
Company Research Source: Yahoo! Finance
two Phase 3 trials evaluating batoclimab as a treatment for thyroid eye disease (TED) both failed to meet their primary endpoint. The studies, known as the GO trials, were evaluating batoclimab as an investigational treatment for adults with active, moderate-to-severe TED. Based on the pre-specified statistical analysis plan, neither study met the primary endpoint of a 2mm or greater proptosis responder rate at Week 24, following 12 weeks of high-dose and 12 weeks of low-dose batoclimab treatment. No new safety signals were identified. Despite the disappointing headline results, Immunovant highlighted some encouraging signals within the data. Patients are said to have shown greater levels of proptosis improvement during the initial high-dose period than during the subsequent low-dose phase, which the company said supports the benefit of deeper IgG suppression. Additionally, hyperthyroid patients in the TED studies showed thyroid hormone normalization rates broadly in line wi Show less Read more
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