InnovationVOQUEZNA acts as a novel and differentiated potassium competitive acid blocker (PCAB) for GERD and NERD patients, representing the first innovation in GERD in decades.
Market ConfidenceInvestor sentiment following the NCE announcement demonstrated a vote of confidence, with PHAT shares closing up approximately 90%.
Regulatory ApprovalFDA's decision to approve the company's Citizen's Petition and recognize Voquezna's full 10-year exclusivity removes a big overhang on the stock.