Rezolute: Ersodetug Downstream Tech Could Ignite The Hyperinsulinism Market
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Rezolute, Inc. is advancing its drug candidate, ersodetug, in the treatment of Congenital Hyperinsulinism (cHI) and Tumor Hyperinsulinism (tHI). The company plans to release top-line results from its phase 3 sunRIZE study in the second half of 2025 and expects the global market for Congenital Hyperinsulinism treatments to reach $327.8 million by 2032. Rezolute anticipates that both cHI and tHI could generate sales exceeding $1 billion.
December 03, 2024 | 9:15 pm
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Rezolute, Inc. is progressing with its drug candidate, ersodetug, targeting Congenital and Tumor Hyperinsulinism. The company expects significant market potential, with sales possibly exceeding $1 billion.
Rezolute's announcement of phase 3 study timelines and the potential market size for its drug candidate, ersodetug, indicates a positive outlook for the company's future revenue streams. The anticipation of significant sales and the progression of clinical trials are likely to positively impact the stock price in the short term.
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