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Why Is European Drugmaker Argenx Stock Trading Higher On Monday?

Benzinga • 602 days

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Friday, the FDA approved Argenx SE's ARGX Vyvgart Hytrulo for use in patients with chronic inflammat...

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AI Summary

- FDA approved ARGX Vyvgart Hytrulo for use in CIDP patients. - Vyvgart Hytrulo is the first FcRn blocker approved for CIDP. - ADHERE Study showed 61% reduction in relapse risk with Vyvgart Hytrulo. - Estimated annual net price per patient is $450,000 for CIDP treatment. Price Impact Rating: Bullish Impact Horizon Rating: Long-term Type: Industry News

Market-Moving

  • FDA approved ARGX Vyvgart Hytrulo for use in CIDP patients.
  • Vyvgart Hytrulo is the first FcRn blocker approved for CIDP.
  • ADHERE Study showed 61% reduction in relapse risk with Vyvgart Hytrulo.

Key Facts

  • FDA approved ARGX Vyvgart Hytrulo for use in CIDP patients.
  • Vyvgart Hytrulo is the first FcRn blocker approved for CIDP.
  • ADHERE Study showed 61% reduction in relapse risk with Vyvgart Hytrulo.
  • Estimated annual net price per patient is $450,000 for CIDP treatment.

Industry News

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