tiprankstipranks
Trending News
More News >

Vivoryon Advances Kidney Disease Drug with Promising Results and Expanded Patent Portfolio

Story Highlights
  • Vivoryon’s varoglutamstat significantly improves kidney function, especially in diabetics.
  • The company bolstered its patent portfolio and nominated a new inhibitor candidate.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest announcement is out from Vivoryon Therapeutics AG ( (GB:0R3M) ).

Vivoryon Therapeutics announced significant progress in its kidney disease drug development, with a meta-analysis revealing that varoglutamstat significantly improves kidney function, particularly in diabetic patients. The company also strengthened its patent portfolio and nominated a new QPCT/L inhibitor for inflammatory and fibrotic diseases, enhancing its industry positioning.

More about Vivoryon Therapeutics AG

Vivoryon Therapeutics N.V. is a clinical stage company focused on the discovery and development of small molecule medicines to modulate the activity and stability of pathologically altered proteins, with a market focus on inflammatory, fibrotic, and kidney diseases.

YTD Price Performance: -1.51%

Average Trading Volume: 4,434

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €51.87M

See more insights into 0R3M stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App