Why Edgewise Therapeutics Stock Is Up 50% on Thursday [Yahoo! Finance]
Edgewise Therapeutics, Inc. (EWTX)
Company Research
Source: Yahoo! Finance
The treatment shows promise in two related but distinct trials as a treatment for certain patients with improper bloodflow within the heart. Heart drug EDG-7500 works as hoped On Thursday, Edgewise Therapeutics published data regarding the phase 1 testing of EDG-7500 as a therapy for obstructive hypertrophic cardiomyopathy, or HCM, a condition marked by thickening of the left heart ventricle wall that can cause it to work less effectively. In this particular test of healthy patients, the drug was well tolerated, but more importantly, didn't lead to lowered left ventricular ejection fraction levels. That is to say, the treatment doesn't appear to cause the inefficient bloodflow sometimes associated with some other cardiac drugs. The phase 2 CIRRUS-HCM test of EDG-7500 looked at the efficacy and tolerability of the drug given in single doses specifically as a treatment for obstructive hypertrophic cardiomyopathy. This administration also worked as hoped without leading to a meanin
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EWTX
News
- Edgewise Therapeutics, Inc. (NASDAQ: EWTX) had its price target raised by analysts at Wedbush from $44.00 to $45.00. They now have an "outperform" rating on the stock.MarketBeat
- Edgewise Therapeutics Reports Third Quarter 2024 Financial Results and Recent Business HighlightsBusiness Wire
- Edgewise Therapeutics, Inc. (NASDAQ: EWTX) had its price target raised by analysts at Piper Sandler from $48.00 to $51.00. They now have an "overweight" rating on the stock.MarketBeat
- Edgewise Therapeutics to Present on Sevasemten (EDG-5506) for Becker Muscular Dystrophy (Becker) at the 29th International Annual Congress of the World Muscle SocietyBusiness Wire
- Edgewise's EDG-7500 shows benefit in two obstructive HCM trials [Yahoo! Finance]Yahoo! Finance
EWTX
Earnings
- 8/8/24 - Beat
EWTX
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- EWTX's page on the SEC website