BridgeBio’s stock rallies 50% on new data from dwarfism therapy

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BridgeBio’s stock rallies 50% on new data from dwarfism therapy
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Shares of BridgeBio Pharma Inc. soared about 52% in premarket trading on Monday after the company shared positive data from a Phase 2 clinical trial about...

Shares of BridgeBio Pharma Inc. BBIO soared about 52% in premarket trading on Monday after the company shared positive data from a Phase 2 clinical trial about its experimental treatment for achondroplasia, a genetic type of short-limbed dwarfism. BridgeBio said infigratinib improved annualized height velocity by 3.03 centimeters per year among data collected from 10 children participating in the mid-stage study.

... Shares of BridgeBio Pharma Inc. BBIO soared about 52% in premarket trading on Monday after the company shared positive data from a Phase 2 clinical trial about its experimental treatment for achondroplasia, a genetic type of short-limbed dwarfism. BridgeBio said infigratinib improved annualized height velocity by 3.03 centimeters per year among data collected from 10 children participating in the mid-stage study.

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