BridgeBio shares are trading higher after the company's Phase 3 ATTRibute-CM study of acoramidis for transthyretin amyloid cardiomyopathy met its primary endpoint.
Portfolio Pulse from Benzinga Newsdesk
BridgeBio's Phase 3 ATTRibute-CM study of acoramidis for transthyretin amyloid cardiomyopathy has met its primary endpoint, leading to a rise in the company's shares.
July 17, 2023 | 11:41 am
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POSITIVE IMPACT
BridgeBio's successful Phase 3 study of acoramidis has led to a rise in its share price.
The successful completion of a Phase 3 study is a significant milestone for any pharmaceutical company, often leading to a rise in share price due to increased investor confidence. In this case, the success of BridgeBio's acoramidis study has directly led to a rise in its share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100