Allakos Announces Phase 1 Trial Results Of Subcutaneous AK006 In Healthy Volunteers; Subcutaneously Administered AK006 Showed ~77% Bioavailability And Prolonged Receptor Occupancy On Mast Cells; Was Well-tolerated With A Favorable Safety Profile
Portfolio Pulse from Benzinga Newsdesk
Allakos Inc. announced positive Phase 1 trial results for its subcutaneous AK006, showing 77% bioavailability and prolonged receptor occupancy on mast cells. The treatment was well-tolerated with a favorable safety profile. Results for intravenous AK006 in CSU patients are expected in early Q1 2025.
October 10, 2024 | 8:03 pm
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Allakos Inc. reported positive Phase 1 results for subcutaneous AK006, showing high bioavailability and safety. This could boost investor confidence and impact stock positively.
The positive Phase 1 results for AK006, showing high bioavailability and a favorable safety profile, are likely to boost investor confidence in Allakos Inc. This could lead to a positive short-term impact on the stock price as the market anticipates further successful trials and potential future revenue from the drug.
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IMPORTANCE 80
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