Allakos Announces Phase 1 Results for AK006; Achieved Serum Concentrations Showing Inhibitory Activity in Preclinical Experiments; Skin Biopsies Show High Receptor Occupancy; AK006 Was Well-Tolerated With a Favorable Safety Profile
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Allakos Inc. (ALLK) announced positive Phase 1 results for its drug candidate AK006. The drug achieved serum concentrations showing inhibitory activity in preclinical experiments and skin biopsies showed high receptor occupancy. AK006 was well-tolerated with a favorable safety profile.
June 25, 2024 | 8:02 pm
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Allakos Inc. announced positive Phase 1 results for AK006, showing inhibitory activity and high receptor occupancy. The drug was well-tolerated with a favorable safety profile.
The positive Phase 1 results for AK006, including inhibitory activity, high receptor occupancy, and a favorable safety profile, are likely to boost investor confidence in Allakos Inc. This could lead to a short-term increase in the stock price.
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