Clearside Biomedical shares are trading higher after the company announced its ODYSSEY Phase 2b trial of CLS-AX for Neovascular age-related macular degeneration achieved both its primary and secondary outcomes.
Portfolio Pulse from Benzinga Newsdesk
Clearside Biomedical's shares rose following the successful results of its ODYSSEY Phase 2b trial for CLS-AX in treating Neovascular age-related macular degeneration, achieving both primary and secondary outcomes.
October 09, 2024 | 12:52 pm
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Clearside Biomedical's ODYSSEY Phase 2b trial for CLS-AX in Neovascular AMD was successful, meeting both primary and secondary outcomes, leading to a rise in share prices.
The successful trial results are a significant milestone for Clearside Biomedical, indicating potential future revenue from CLS-AX. This positive news is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100