By Denny Jacob
Altimmune shares rose 13% in premarket trading following an announcement it would present topline 24-week data from its Phase 2b trial evaluating pemvidutide as a treatment for those with metabolic dysfunction-associated steatohepatitis.
Shares were trading around $8.73. The stock is up 7% on the year.
The trial enrolled 212 patients with biopsy-confirmed metabolic dysfunction-associated steatohepatitis and fibrosis stages F2/F3 with and without diabetes. Patients will receive a total of 48 weeks of treatment, and a final readout is anticipated in the fourth quarter. A call on the trial will be held Thursday at 8:30 a.m. ET.
Metabolic dysfunction-associated steatohepatitis is a liver disease that develops when fat buildup in the liver causes inflammation.
Write to Denny Jacob at denny.jacob@wsj.com
(END) Dow Jones Newswires
June 26, 2025 06:16 ET (10:16 GMT)
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