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0.000630517023959633 -0.000315258511979873 0.0018915510718789 0.00425598991172755 0.000945775535939394 0.00283732660781841 0.00725094577553595 0.00930012610340473
Stock impact report

Why Argenx's (ARGX) Stock Price Moved Up 11% on Thursday [Yahoo! Finance]

Immunovant, Inc. (IMVT) 
Company Research Source: Yahoo! Finance
Enspryng (satralizumab) as a potential treatment for generalized myasthenia gravis (gMG). This drug has been developed in collaboration with Roche RHHBY. The Tokyo-based company evaluated the Roche-partnered drug in the phase III LUMINESCE study in patients with gMG, a rare autoimmune disease that leads to muscle weakness. While patients who received the Chugai-Roche partnered drug did show statistically significant improvements following 24 weeks of treatment, the results fell short of the companies' “expectations on the degree of clinical benefit." Detailed results from the LUMINESCE study are expected at the American Academy of Neurology (AAN) 2024 Annual Meeting on Apr 15. The above results benefit Argenx, which markets Vyvgart (efgartigimod). The intravenously-administered Argenx drug was approved by the FDA in December 2021 to treat adults with gMG who test positive for the anti-acetylcholine receptor (AChR) antibody. Last June, the agency approved a subcutaneous formulati Show less Read more
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