MoonLake Immunotherapeutics (MLTX) provided an update following the positive feedback received from the U.S. Food and Drug Administration, FDA, regarding the clinical evidence strategy for Sonelokimab, SLK, in HS, based on the Type B meeting requested by MoonLake. SLK was associated with significant improvements across different key outcomes in over 1,000 patients with HS enrolled in the MIRA, VELA-1 and VELA-2 trials. MIRA was the first placebo-controlled randomized clinical trial in HS using HiSCR75 as the primary endpoint and demonstrated a 43% response with 120mg SLK, and a 29 ppt delta vs placebo at week 12. VELA-1 met all primary and key secondary endpoints with statistical significance across all pre-specified analysis strategies. In VELA-2, using the pre-specified treatment policy strategy, SLK achieved statistical significance. A higher-than-expected placebo response precluded this study from achieving statistical significance using the primary composite analysis method. All trials consistently suggested a favorable safety profile of SLK in HS patients.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MLTX:
- MoonLake Extends Sonelokimab Data in Psoriatic Arthritis: What Investors Should Watch
- FDA moving to one trial for approval could be positve for MoonLake, says Cantor
- FDA to reduce number of trials required for drug approvals, STAT reports
- MoonLake price target lowered to $26 from $30 at H.C. Wainwright
