Wave Life Sciences Stock Jumps On Positive Data From Muscle Disorder Drug, Plans FDA Submission Next Year
1. WVE's Phase 2 trial for WVE-N531 met all primary goals. 2. Significant reduction in muscle fibrosis and inflammation observed. 3. FDA discussions on WVE-N531 led to plans for New Drug Application in 2026. 4. WVE-N531 could potentially treat 40% of DMD population, $2.4 billion market opportunity. 5. WVE stock rose 14.9% following positive trial news.