BUZZ-Edgewise Therapeutics gains as genetic disorder drug meets mid-stage study goal

Reuters
2024-12-16
BUZZ-Edgewise <a href="https://laohu8.com/S/LENZ">Therapeutics</a> gains as genetic disorder drug meets mid-stage study goal

** Shares of Edgewise Therapeutics rise about 17% to $32.28 in premarket trading

** Company says its experimental genetic disorder drug met the main goal in a mid-stage study

** The drug, sevasemten, is being developed to treat Becker Muscular Dystrophy, a rare condition that results in progressive muscle weakness and degeneration

** Sevasemten helped significantly reduce levels of creatine kinase, an enzyme associated with skeletal muscle damage in the study- EWTX

** Up to last close, stock more than doubled YTD

(Reporting by Mariam Sunny in Bengaluru)

((Mariam.ESunny@thomsonreuters.com;))

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