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Stock impact report

Ultragenyx Pharmaceutical Announces FDA Acceptance of UX016 IND [Yahoo! Finance]

Ultragenyx Pharmaceutical Inc. (RARE) 
Last ultragenyx pharmaceutical inc. earnings: 2/13 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.ultragenyx.com/investor-relations
Company Research Source: Yahoo! Finance
drug (IND) application for UX016, an investigational small-molecule prodrug of sialic acid, which is being developed as a substrate replacement therapy for GNE myopathy (GNEM). GNEM, also known as hereditary inclusion body myopathy or Nonaka myopathy, is a rare inherited neuromuscular disorder caused by reduced production of sialic acid. This deficiency leads to progressive muscle wasting, resulting in severe disability and loss of mobility. Currently, there are no approved treatments for this disease in the United States. Year to date, RARE's shares have lost 16.1% against the industry's 0.3% growth. Zacks Investment Research Image Source: Zacks Investment Research Clinical Development Plan The program is being externally funded by a patient organization through early clinical development, with the first-in-human phase I/II study expected to be initiated in the second half of 2026 in the United States. Study Design & Endpoints The study will enroll approximately 24 ad Show less Read more
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