- Pliant Therapeutics Inc’s (NASDAQ:PLRX) Phase 2a trial of PLN-74809 in patients with idiopathic pulmonary fibrosis (IPF) met its primary and secondary endpoints.
- The data demonstrated that PLN-74809 was well tolerated over a 12-week treatment period and displayed a favorable pharmacokinetic profile.
- A pooled analysis of PLN-74809 treated patients showed an 80% reduction in forced vital capacity (FVC) decline at 12 weeks versus placebo.
- Related: Read Why Pliant Therapeutics Shares Are Soaring Today?
- The 40 mg and 160 mg dose groups demonstrated 38% and 66% reductions in FVC decline relative to placebo, respectively.
- In the 80 mg treatment group, a +24.6 mL increase in FVC was observed relative to baseline.
- PLN-74809 was well tolerated at all three doses tested and exhibited dose-proportional increases in plasma concentrations, consistent with prior studies.
- Pliant has recently completed enrollment in the 320 mg cohort of the INTEGRIS-IPF Phase 2a trial. The 12-week interim data from the 320 mg cohort is anticipated in early 2023.
- Price Action: PLRX shares are up 59.46% at $14.16 during the premarket session on the last check Monday.
UPDATE: Casey’s General Stores Q1 Sales $4.45B Miss $4.54B Estimate
Casey's General Stores (NASDAQ:CASY) reported quarterly earnings of $4.09 per share which beat the analyst consensus estimate of $3.34 by 22.46 percent. This is a 28.21 percent increase over earnings of $3.19 per share