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The significant trial results strongly suggest potential market acceptance, similar to past successful drug approvals like Eliquis and Xarelto, which resulted in substantial stock price increases.
What happened, with direct paths to the underlying reporting
TRVI reported Phase 2a trial results for Haduvio with significant cough reduction. Haduvio achieved 67% reduction in cough frequency; 84% of patients showed improvement. Safety profile was consistent with previous trials; no serious adverse events reported. Stock jumped 40.2% to $6.03 following positive trial results. Topline results for Phase 2b trial expected in early 2025.
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