Ipsen (FR:IPN) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Ipsen has revealed promising new data from the Phase III ELATIVE trial, showing that its experimental drug elafibranor significantly slows disease progression and improves itch-related quality of life in patients with primary biliary cholangitis (PBC). After 78 weeks, 70% of patients treated with elafibranor met the composite endpoint of disease progression slowdown, contrasting sharply with 0% in the placebo group. These results, presented at the EASL congress, demonstrate elafibranor’s potential as a first-in-class PPAR agonist treatment option for PBC, a rare autoimmune liver disease.
For further insights into FR:IPN stock, check out TipRanks’ Stock Analysis page.