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The successful TETON-2 study results may boost investor confidence significantly, similar to previous successes. Historically, FDA approvals have led to stock surges for similar biotech firms.
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TETON-2 study shows Tyvaso improves pulmonary function in IPF patients. Significant increases in absolute FVC scores versus placebo noted. United Therapeutics plans FDA submission for Tyvaso IPF indication. Sales rose 12% year-over-year, driven by Tyvaso growth. Contracts with FDA to expedite review expected before year-end.
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