Anticipation of Amylyx PBH Phase 3 data lifts Vogenx
$VOGX +67% in premarket
- VOGX develops mizagliflozin (oral SGLT1 inhibitor) for post-bariatric hypoglycemia (PBH), same indication as Amylyx's avexitide (GLP-1 antagonist).
- Amylyx (AMLX) expected to report topline Phase 3 LUCIDITY trial data for avexitide in PBH on/around Aug 18.
- No approved therapies exist for PBH; positive AMLX data would validate the therapeutic area and potentially lift peers.
- VOGX, a recent IPO (priced $13 on Aug 11, began trading Aug 12), has ~$200M market cap, making it a leveraged retail sympathy play.
- Stock closed Aug 17 at $15.75 (up 6.56%); prior after-hours surge continued into Aug 18 premarket.
- No new Vogenx-specific news or PR; move driven by sector momentum and binary event anticipation per trading chatter and reports.
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