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Wednesday, September 25, 2024

Celldex drug reduces chronic hive activity, but patient discontinuations raise questions

 Celldex Therapeutics reported Wednesday that its experimental medicine for a condition that causes chronic hives reduced hive activity in patients, completely clearing it in some. 

However, there was a high rate of patient discontinuations in the trial, due in part to side effects including changes in hair color. Those concerns sent Celldex shares down more than 20% following the company’s announcement.

https://www.statnews.com/2024/09/25/chronic-hives-celldex-therapeutics-phase-2-trial-barzolvolimab/

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