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Viridian Therapeutics Achieves Milestone in Phase 3 Trial
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Viridian Therapeutics Achieves Milestone in Phase 3 Trial

Story Highlights
  • Viridian Therapeutics announced positive phase 3 trial results for veligrotug in treating chronic TED.
  • Veligrotug showed significant improvements in TED symptoms and safety, potentially transforming treatment standards.
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Viridian Therapeutics ( (VRDN) ) has provided an announcement.

Viridian Therapeutics announced positive topline results from the phase 3 THRIVE-2 trial of veligrotug, a monoclonal antibody targeting IGF-1R for chronic TED. The trial met all endpoints, showing significant improvements in proptosis, diplopia, and clinical activity scores, with a favorable safety profile. This positions veligrotug as a potential market-leading therapeutic, with submission for approval expected in the second half of 2025, potentially transforming treatment standards for TED.

More about Viridian Therapeutics

Viridian Therapeutics, Inc. is a biopharmaceutical company focused on discovering and developing potential best-in-class medicines for serious and rare diseases. Its primary market focus is on therapies for chronic thyroid eye disease (TED), an autoimmune condition characterized by inflammation and tissue damage around the eyes.

YTD Price Performance: -18.04%

Average Trading Volume: 1,100,087

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.41B

For an in-depth examination of VRDN stock, go to TipRanks’ Stock Analysis page.

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