FDA Lifts Clinical Hold On vTv Therapeutics' Phase 3 Diabetes Trial, Stock Surges
The FDA's approval for trial resumption signals strong potential for future NDA submission, historically correlating with stock price increases in similar cases.
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The FDA's approval for trial resumption signals strong potential for future NDA submission, historically correlating with stock price increases in similar cases.
What happened, with direct paths to the underlying reporting
FDA lifted clinical hold on VTVT's cadisegliatin program for Type 1 Diabetes. CATT1 Phase 3 trial duration will shorten from 12 to 6 months. Cadisegliatin shows promise as first oral therapy adjunct to insulin. VTVT stock rose 66.70% following the FDA's announcement.
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