Madrigal Pharmaceuticals (MDGL) announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency has adopted a positive opinion recommending approval of resmetirom for the treatment of adults with noncirrhotic MASH with moderate to advanced liver fibrosis. The European Commission decision is anticipated in August. The CHMP opinion was based on resmetirom’s favorable profile including the positive results from the pivotal Phase 3 MAESTRO-NASH trial, which achieved both fibrosis reduction and MASH resolution primary endpoints.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MDGL:
- Short Report: Bears bite into Krispy Kreme after another weak earnings report
- Paulson buys Honeywell, boosts Madrigal in Q1
- Promising Phase III Trial Results Support Buy Rating for Madrigal Pharmaceuticals
- Uncertainties and Data Gaps Lead to Sell Rating for Madrigal Pharmaceuticals’ Rezdiffra
- Madrigal announces two-year results from Phase 3 MAESTRO-NAFLD-1 trial
