Sagimet: More Than Just A MASH Drug Development Biotech
Portfolio Pulse from
Sagimet Biosciences Inc. is advancing its drug development with the initiation of phase 3 studies for denifanstat, targeting MASH/MAFLD and MASH, expected by the end of 2024. Additionally, results from a phase 3 study for acne treatment by partner Ascletis are anticipated by Q2 2025.
November 14, 2024 | 9:15 pm
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Sagimet Biosciences is initiating phase 3 studies for denifanstat in MASH/MAFLD and MASH, with results expected by the end of 2024. This could impact their stock positively as it progresses in drug development.
The initiation of phase 3 studies is a significant milestone in drug development, indicating progress and potential future revenue streams. This is likely to positively impact SGMT's stock as investors anticipate successful outcomes.
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