Final Data Report: Eloxx Touts Improved Lung Function For Cystic Fibrosis Candidate
Portfolio Pulse from Vandana Singh
Eloxx Pharmaceuticals announced the final data assessment from the Phase 2 trial of ELX-02, its lead investigational product candidate for cystic fibrosis. The trial showed clinically relevant improvement in lung function, but did not achieve statistical significance for efficacy endpoints. ELOX shares are up 2.44% in premarket trading.
June 15, 2023 | 2:14 pm
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Eloxx Pharmaceuticals' ELX-02 Phase 2 trial showed improved lung function in cystic fibrosis patients, but did not achieve statistical significance for efficacy endpoints. ELOX shares are up 2.44% in premarket trading.
The final data assessment from the Phase 2 trial of ELX-02 showed clinically relevant improvement in lung function, which is a positive development for Eloxx Pharmaceuticals. However, the trial did not achieve statistical significance for efficacy endpoints, which may limit the potential upside. Despite this, ELOX shares are up 2.44% in premarket trading, indicating a positive short-term impact on the stock price.
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IMPORTANCE 80
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