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Bridgebio Pharma

All articles tagged with #bridgebio pharma

health2 years ago

BridgeBio's Heart Disease Drug Achieves Late-Stage Study Goal, Sparking Soaring Share Prices

BridgeBio Pharma's experimental drug, acoramidis, has shown significant improvement in patients with transthyretin amyloid cardiomyopathy, a rare heart disease, according to a late-stage study. The drug demonstrated a 1.8 times better outcome than placebo in preventing death, hospitalization, and improving walking distance. It also improved survival by 81% compared to the placebo and reduced heart disease-related hospitalizations by 50%. No safety concerns were identified. BridgeBio plans to submit the data to the FDA by the end of 2023 for marketing approval.

health2 years ago

BridgeBio Pharma's Heart Disease Drug Succeeds in Late-Stage Study

BridgeBio Pharma's experimental drug, acoramidis, has shown statistically significant improvement in reducing hospitalizations in a late-stage study for a rare heart disease that can lead to heart failure. The company plans to submit marketing applications to the US FDA by the end of 2023 and pursue regulatory filings in additional markets in 2024. Shares of BridgeBio Pharma surged 64% following the positive results.

finance2 years ago

"Top Nasdaq Stocks Poised for Rapid Growth in the Coming Week"

BridgeBio Pharma and Roivant Sciences are two biotech companies with upcoming catalysts that could significantly boost their share prices. BridgeBio is set to announce top-line results from a phase 3 clinical study for its drug acoramidis, targeting a rare heart condition. Positive results could lead to a potential blockbuster drug and acquisition interest. Roivant Sciences may be acquired by Roche for its experimental inflammatory bowel disease drug, RVT-3101, in a rumored $7 billion deal. The potential windfall would greatly benefit Roivant's undervalued stock.