BridgeBio Pharma's Lead Candidate Cuts Mortality, Related Hospitalizations In Patients With Certain Type Of Heart Disease
Portfolio Pulse from Vandana Singh
BridgeBio Pharma's lead candidate, acoramidis, shows promising results in reducing mortality and hospitalizations in patients with ATTR-CM heart disease. The company has submitted an FDA marketing application, with a decision expected in late 2024.
September 30, 2024 | 5:17 pm
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BridgeBio Pharma's acoramidis demonstrated a 42% reduction in mortality and hospitalizations in ATTR-CM patients, leading to a positive stock movement. The FDA has accepted their marketing application, with a decision expected in November 2024.
The positive results from the Phase 3 study of acoramidis in reducing mortality and hospitalizations are significant for BridgeBio Pharma. The acceptance of the FDA marketing application and the upcoming decision date add to the potential for future growth, reflected in the stock's positive movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100