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BridgeBio Pharma Reports Strong Drug Uptake and Trial Progress
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BridgeBio Pharma Reports Strong Drug Uptake and Trial Progress

Story Highlights
  • BridgeBio Pharma shows strong market uptake with its FDA-approved drug Attruby.
  • The company has fully enrolled three major Phase 3 trials and is well-funded for 2025 milestones.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

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BridgeBio Pharma ( (BBIO) ) has provided an update.

BridgeBio Pharma announced significant commercial progress with its FDA-approved drug Attruby, receiving 430 prescriptions from 248 physicians, signaling strong market uptake. Additionally, the company has fully enrolled three major Phase 3 clinical trials and is well-funded, with $406 million in cash and anticipated regulatory milestone payments, positioning it to advance its late-stage pipeline programs and achieve several 2025 milestones.

More about BridgeBio Pharma

BridgeBio Pharma, Inc. is a biopharmaceutical company focused on developing and delivering transformative medicines for genetic diseases. Founded in 2015, it has a diverse pipeline ranging from early science to advanced clinical trials, emphasizing the rapid application of genetic medicine.

YTD Price Performance: 3.12%

Average Trading Volume: 1,941,752

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.5B

See more insights into BBIO stock on TipRanks’ Stock Analysis page.

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