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Monday, December 2, 2019

Akari up on advancement of nomacopan

Thinly traded nano cap Akari Therapeutics (NASDAQ:AKTX) is up 28% premarket on robust volume on the heels of its design of a two-part Phase 3 clinical trial evaluating Coversin (nomacopan) in pediatric patients hematopoietic stem cell transplant-related thrombotic microangiopathy (HSCT-TMA), an Orphan Drug- and Fast Track-tagged indication.
Part A will confirm the dosing scheme while Part B will assess the efficacy of the confirmed dosing regimen.
The trial should commence this month.
Concurrently, the company announced results on six paroxysmal nocturnal hemoglobinuria (PNH) patients receiving nomacopan in a long-term Phase 2 study. All are transfusion-independent after being transfusion-dependent at entry.

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