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Ascendis Pharma's Rare Dwarfism Candidate Shows Promise In Trial, FDA Submission Expected Next Year

Sep 16, 2024, 12:43 PM EDT1 sourcesAI-analyzed

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Ascendis Pharma's trial for TransCon CNP shows significant growth in children. TransCon CNP outperformed placebo with 5.89 cm/year AGV versus 4.41 cm/year. FDA application for TransCon CNP expected in Q1 2025. Safety profile of TransCon CNP is comparable to placebo without severe side effects. ASND stock rose 17.4% following positive trial results.

  • Ascendis Pharma's trial for TransCon CNP shows significant growth in children.
  • TransCon CNP outperformed placebo with 5.89 cm/year AGV versus 4.41 cm/year.
  • FDA application for TransCon CNP expected in Q1 2025.
  • Safety profile of TransCon CNP is comparable to placebo without severe side effects.
  • ASND stock rose 17.4% following positive trial results.

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