ObsEva down 42% on late-stage linzagolix data [Seeking Alpha]
ObsEva SA - Common Shares (OBSV)
Last obseva sa - common shares earnings: 3/5 01:00 am
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US:NASDAQ Investor Relations:
obseva.com/news/obseva-sa-announces-60-0-million-private-placement-with-existing-and-new-investors
Company Research
Source: Seeking Alpha
ObsEva SA (OBSV-41.8%resultsBoth studies, PRIMROSE 1 & 2, met the primary endpoint demonstrating a statistically significant proportion of responders in both the 200 mg and 100 mg arms as defined by menstrual blood loss volume reduction at week 24.Investors may be reacting to the safety profile. The proportions of treated patients experiencing at least one treatment-emergent adverse event ranged from 50.5% to 66.0%, although not that much different from the range of 44.8% - 53.8% in the control arms.Compared to AbbVie's (ABBV+0.3%On the bone loss front, linzagolix was associated with reductions in lumbar spine bone density of -0.8% to -2.4% at week 24 compared to -0.9% to -3.1% for elagolix.Related ticker: Myovant Sciences (MYOV+0.6%
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