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Name | Symbol | Market | Type |
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Unilever PLC | NYSE:UL | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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-0.48 | -0.88% | 54.00 | 412 | 09:27:36 |
By Anthony O. Goriainoff
Arecor Therapeutics PLC said Monday that its insulin candidate for diabetes, AT278, met all primary and secondary endpoints with positive headline results from the Phase 1 clinical trial.
The London-listed biopharmaceutical company--backed by Unilever PLC--said AT278 had the potential to significantly improve post prandial glucose control and reduce the injection volume and/or number of daily injections of people with diabetes who have a high daily insulin need.
"These positive data for AT278, the second product in our diabetes franchise, follow the earlier positive results from the Phase I clinical trial of AT247... Together they position Arecor with a unique combination of ultra-concentrated and ultra-rapid insulin candidates offering the potential to meet the broad needs of patients across the growing diabetes market," Chief Executive Sarah Howell said.
Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
September 20, 2021 03:16 ET (07:16 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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