Stock Market News 2024-03-10
16 news published.
Today's stock market was highlighted by significant developments in the biotechnology sector, particularly relating to treatments for dermatological conditions and heart failure.
- MoonLake Therapeutics (MLTX) reported promising results at its R&D Day, showcasing substantial improvements with its Nanobody® sonelokimab in patients with active psoriatic arthritis over a 24-week period. Read More
- Arcutis Biotherapeutics (ARQT) presented late-breaking data from its INTEGUMENT-PED Phase 3 trial, demonstrating the efficacy of Roflumilast Cream 0.05% in treating atopic dermatitis in children aged 2 to 5 at the American Academy of Dermatology Annual Meeting. Read More
- Eli Lilly (LLY) reported a first-of-its-kind study showing that more than two-thirds of individuals with atopic dermatitis and skin of color experienced significant skin improvements when treated with lebrikizumab.Read More
- Incyte Corporation (INCY) announced new late-breaking data from two separate Phase 2 studies: one evaluating Povorcitinib for prurigo nodularis, and another assessing Ruxolitinib Cream (Opzelura®) for mild-to-moderate hidradenitis suppurativa. Read More / Read More
- Mesoblast Limited (MESO) received support from the FDA for an accelerated approval pathway for Rexlemestrocel-L, aimed at end-stage heart failure patients who have a Left Ventricular Assist Device (LVAD). Read More
These advancements reflect a robust response from the biotech industry to pressing health challenges, notably in dermatology and heart failure treatment, potentially influencing market dynamics in the coming weeks.
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