The US Food and Drug Administration has approved Inovio Pharmaceuticals' treatment for a rare respiratory condition, the regulator said on Friday, marking the company's first approved product.
Shares of Inovio were up 215% in extending trading.
Inovio's therapy INO-3107, branded as Voceryq, gives patients with recurrent respiratory papillomatosis a new treatment option for the condition, which causes growths in the airways and often requires repeated surgeries.
https://finance.yahoo.com/healthcare/articles/us-fda-approves-inovios-treatment-204453731.html
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