Allakos Says First Patient Has Been Dosed In Phase 1 Trial Of AK006 In Chronic Spontaneous Urticaria
Portfolio Pulse from Benzinga Newsdesk
Allakos announced that the first patient has been dosed in a Phase 1 trial of AK006 for the treatment of chronic spontaneous urticaria.
May 28, 2024 | 11:06 am
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Allakos has initiated a Phase 1 trial for its drug candidate AK006, targeting chronic spontaneous urticaria. The dosing of the first patient marks a significant milestone in the drug's development.
The initiation of a Phase 1 trial and the dosing of the first patient is a positive development for Allakos, indicating progress in their drug development pipeline. This could lead to increased investor confidence and a potential short-term rise in stock price.
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