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Stock impact report

Agios Pharmaceuticals (AGIO) Surges 6.5%: Is This an Indication of Further Gains? [Yahoo! Finance]

Agios Pharmaceuticals, Inc. (AGIO) 
Last agios pharmaceuticals, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.agios.com/investor-overview
Company Research Source: Yahoo! Finance
This compares to the stock's 29.9% gain over the past four weeks. The rise in share price is attributable to the company's progress with its label expansion studies on sol-marketed Pyrukynd. Earlier this month, management reported that the phase III ENERGIZE-T study, evaluating the drug in transfusion-dependent (TD) thalassemia patients, achieved its primary endpoint of statistically significant reduction in transfusion burden. Earlier this year in January, Agios reported positive results from the late-stage ENERGIZE study results, which evaluated Pyrukynd in non-transfusion-dependent (NTD) thalassemia patients. This study also achieved its primary endpoint of hemoglobin response along with lower levels of fatigue. The above results bolster Agios' plans to seek label expansion for Pyrukynd across all thalassemia sub-types before the end of this year. If approved, a commercial launch in this indication is expected next year. The drug is currently approved to treat adults with pyr Show less Read more
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