Clinical Trial SuccessCDTX announced positive topline results from the CD388 Ph2b Flu trial, meeting its primary endpoint for all dose levels with statistical significance.
Market ImpactThe positive results from the trial exceeded expectations and are significant for the stock, as they demonstrate better efficacy compared to flu vaccines.
Sales PotentialCD388 has potential for peak sales exceeding $1.5 billion in the U.S. for immunocompromised patients, according to estimates.