Viridian Therapeutics Says Veligrotug (VRDN-001) Achieved All Primary And Secondary Endpoints In THRIVE Phase 3 Trial
Portfolio Pulse from Benzinga Newsdesk
Viridian Therapeutics announced that its drug Veligrotug (VRDN-001) met all primary and secondary endpoints in the THRIVE Phase 3 trial. The company has $571.4 million in cash and investments, providing financial stability until the second half of 2026.
September 10, 2024 | 11:07 am
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POSITIVE IMPACT
Viridian Therapeutics' Veligrotug (VRDN-001) successfully met all endpoints in its Phase 3 trial, indicating potential for future revenue growth. The company's strong cash position supports its operations until 2026.
The successful Phase 3 trial results for Veligrotug (VRDN-001) suggest a positive outlook for Viridian Therapeutics, as it indicates the drug's efficacy and potential for FDA approval. The company's substantial cash reserves provide a solid financial foundation, reducing risk and supporting ongoing and future projects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100