CymaBay Announces Publication Of Two-year Safety And Efficacy Results Of Seladelpar In Patients With Primary Biliary Cholangitis
Portfolio Pulse from Benzinga Newsdesk
CymaBay Therapeutics has announced the publication of two-year safety and efficacy results of Seladelpar in patients with Primary Biliary Cholangitis. The results show positive outcomes, indicating the drug's potential for long-term use.
November 01, 2023 | 12:04 pm
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POSITIVE IMPACT
The positive results of Seladelpar's two-year safety and efficacy study could potentially boost CymaBay's stock in the short term.
The announcement of positive results from a long-term safety and efficacy study is typically seen as good news for a pharmaceutical company. This could lead to increased investor confidence in CymaBay, potentially driving up the stock price in the short term.
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