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Home Industry News Consumer Edgewise Therapeutics Shares Soar 50% on Promising Early Data for HCM Drug EDG-7500
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Edgewise Therapeutics Shares Soar 50% on Promising Early Data for HCM Drug EDG-7500

20th September 2024

Edgewise Therapeutics’ stock catapults 50% following positive early-stage safety data for its heart disease drug candidate, EDG-7500, which targets hypertrophic cardiomyopathy (HCM). This development positions the drug as a potential competitor to established treatments like Bristol Myers Squibb’s Camzyos and Cytokinetics’ aficamten.

The recent data from Edgewise showed that EDG-7500 was well-tolerated in healthy participants and demonstrated encouraging results in patients with obstructive HCM. Phase 1 trials reported strong safety outcomes, while early Phase 2 data revealed significant improvements in key heart health indicators. Additionally, left ventricle ejection fraction— a critical measure of heart function — remained stable in all participants, further underscoring the drug’s potential effectiveness and safety profile.

Given these positive results, Edgewise is moving forward with the next stage of the study, targeting a larger patient population, according to Chief Development Officer Dr. Marc Semigran.

Edgewise Therapeutics’ EDG-7500 is gaining attention in the cardiology field with its promising early data, establishing itself as a strong contender in the HCM treatment landscape. This progress could drive further innovations in heart disease treatments and bring new opportunities for growth in the sector.

For the latest updates and in-depth insights into the world of Pharmaceuticals, including breakthrough treatments, industry trends, and regulatory news, contact Marcus Chalk today!

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