Kodiak Sciences' Phase 3 GLOW Superiority Study Of Tarcocimab Tedromer 5 mg In Moderately Severe To Severe Non-proliferative Diabetic Retinopathy Met Its One-year Primary Endpoint
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Kodiak Sciences has announced that its Phase 3 GLOW Superiority Study of Tarcocimab Tedromer 5 mg in moderately severe to severe non-proliferative diabetic retinopathy has met its one-year primary endpoint.
November 06, 2023 | 10:08 am
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Kodiak Sciences' successful Phase 3 GLOW study of Tarcocimab Tedromer 5 mg could potentially boost the company's stock in the short term.
The successful completion of a Phase 3 study is a significant milestone for any biotech company. It often leads to regulatory approval and commercialization of the drug, which can significantly increase the company's revenues and profitability. Therefore, this news is likely to have a positive impact on Kodiak Sciences' stock price in the short term.
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