Calliditas Therapeutics shares are trading higher after the company announced FDA approval of TARPEYO.
Portfolio Pulse from Benzinga Newsdesk
Calliditas Therapeutics' stock is trading higher following the announcement of the full FDA approval of their drug TARPEYO.

December 20, 2023 | 9:45 pm
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POSITIVE IMPACT
Calliditas Therapeutics' shares are expected to rise in the short term due to the positive news of receiving full FDA approval for TARPEYO.
Full FDA approval of a drug is a significant milestone for pharmaceutical companies, often leading to increased investor confidence and a positive impact on the company's stock price. As the approval of TARPEYO is a major achievement for Calliditas Therapeutics, it is likely to result in increased investor interest and a potential rise in stock price in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100