On Thursday, Agios Pharmaceuticals, Inc. (NASDAQ:AGIO) announced that the ACTIVATE-Kids Phase 3 study of mitapivat in children aged 1 to <18 years with PK deficiency who are not regularly transfused achieved its primary endpoint of hemoglobin response.
Pyruvate kinase (PK) deficiency is a rare, inherited disorder that affects red blood cells.
The safety results were consistent with the safety profile for mitapivat previously observed for adult patients with PK deficiency who are not regularly transfused.
The study’s primary endpoint was hemoglobin response, defined as a ≥1.5 g/dL increase in hemoglobin concentration from baseline sustained at two or more scheduled assessments at Weeks 12, 16, and 20.
In August 2024, Agios reported topline results from the ACTIVATE-KidsT Phase 3 study of mitapivat in children aged 1 to <18 years with PK deficiency who are regularly transfused.
Based on the clinically meaningful results observed in both the ACTIVATE-Kids and ACTIVATE-KidsT Phase 3 studies, Agios intends to submit a marketing application for mitapivat in pediatric patients with PK deficiency.
Concurrently, the company reported fourth-quarter Pyrukynd revenues of $10.7 million, up 20% sequentially, beating the consensus of $9.33 million. 223 unique patients have completed prescription enrollment forms, up 6% sequentially.
A total of 130 patients are on PYRUKYND therapy, inclusive of new prescriptions and continued therapy.
Cash, cash equivalents, and marketable securities as of December 31, 2024, were $1.5 billion.
Price Action: AGIO stock is down 1.86% at $32.20 at the last check on Thursday.
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