Combination Therapy for Hemorrhoids: Citius' Combination Products Shows Meaningful Reduction In Symptoms
Portfolio Pulse from Vandana Singh
Citius Pharmaceuticals' Halo-Lido, a topical treatment for hemorrhoids, showed significant reduction in symptom severity compared to individual components in a Phase 2b trial. The company plans to submit the findings to the FDA and seek an end-of-Phase 2 meeting.
June 20, 2023 | 6:09 pm
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Citius Pharmaceuticals' successful Phase 2b trial of Halo-Lido for hemorrhoid relief may positively impact its stock price.
The positive results from the Phase 2b trial of Citius Pharmaceuticals' Halo-Lido indicate a potential new treatment for hemorrhoids. This could lead to increased demand for the product and higher revenues for the company, positively impacting its stock price. The 3.66% increase in CTXR shares after the news release supports this analysis.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100