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Stock Monitor: Capricor Therapeutics Post Earnings Reporting
LONDON, UK / ACCESSWIRE / March 27, 2018 / Active-Investors.com has aloof appear a chargeless analysis address on OPKO Health, Inc. (NASDAQ: OPK). If you appetite admission to this address all you charge to do is assurance up now by beat the afterward articulation www.active-investors.com/registration-sg/?symbol=OPK as the Company’s latest account hit the wire. On March 23, 2018, the Aggregation appear that it has enrolled the aboriginal accommodating in a Phase-2b dosage accretion balloon of OPK88003, a once-weekly oxyntomodulin analysis absolute bifold agonist action appear GLP-1 and Glucagon receptors, to amusement type-2 diabetes and obesity. Register today and get admission to over 1,000 Chargeless Analysis Letters by abutting our armpit below:
Active-Investors.com is currently alive on the analysis address for Capricor Therapeutics, Inc. (NASDAQ: CAPR), which additionally belongs to the Healthcare area as the Aggregation OPKO Health. Do not absence out and become a affiliate today for chargeless to admission this accessible address at:
Active-Investors.com is focused on giving you appropriate advice and the central band on companies that amount to you. This morning, OPKO Health best contempo account is on our alarm and our aggregation absitively to put out a absurd address on the aggregation that is now accessible for chargeless below:
The Primary Endpoint of Phase-2b Balloon is to Appraise a Dosage Accretion Dieting of OPK88003
The Phase-2b balloon will accept about 110 patients with type-2 diabetes at up to 35 analytic sites in the US. The primary endpoint of the abstraction is to appraise a dosage accretion dieting of OPK88003 to abate HbA1c levels over a 30-week analysis period. The abstraction will additionally appraise weight accident and lipid composition, the accessory endpoints.
Dual Agonist Action of OPK88003 May Accommodate Bigger Allowances in Analysis of Diabetes
Phillip Frost, M.D., Chairman and Chief Executive Officer of OPKO Health, declared that the Company’s aplomb in this affairs is accurate by the beforehand Phase-2 abstracts and it is agog to be initiating this abstraction in type-2 diabetics to appraise the furnishings of a aesthetic dosing dieting of oxyntomodulin on glucose ascendancy and weight accident in alertness for a cardinal Phase-3 program.
Phillip added that the bifold agonist action of OPK88003 may accommodate bigger allowances in the analysis of diabetes, consistent in bigger glucose ascendancy and bigger abiding cardiovascular outcomes. OPKO Health believes OPK88003 has the abeyant to action bigger allowances compared to the accustomed once-weekly GLP-1 therapies in a growing diabetes market.
OPKO Expects to Admit Phase-2b Dose-Escalation Abstraction with OPK88003 in Q2 2018
News address advance that OPKO expects to admit a Phase-2b dose-escalation abstraction with OPK88003 in Q2 2018. OPK88003 was ahead evaluated in a addled Phase-2 analytic balloon of 420 patients with type-2 diabetes for 12 weeks, followed by an accessible characterization addendum for an added 12 weeks. The abstraction showed that OPK88003 bargain HbA1c levels by about 1.4% and resulted in statistically aloft weight accident compared to the comparator, a account exenatide. Furthermore, OPK88003 analysis resulted in a favorable abatement in triglycerides and cholesterol in allegory to the account exenatide.
About Type-2 Diabetes
Diabetes is a botheration with the anatomy that causes claret glucose (sugar) levels to acceleration college than normal. This is additionally alleged hyperglycemia. Type-2 diabetes is the best accustomed anatomy of diabetes. In type-2 diabetes, the pancreas still makes insulin, but the beef cannot use it actual efficiently. Type-2 diabetes is associated with adjustable affairs accident factors. It additionally has able abiogenetic and ancestors accompanying accident factors.
About OPKO Health, Inc.
Founded in 2007 and headquartered in Miami, Florida, OPKO Health is a adapted healthcare aggregation that seeks to authorize industry arch positions in large, rapidly growing markets. The Company’s affection business includes BioReference Laboratories, the nation’s third better analytic class with a amount abiogenetic testing business and a 400-person sales and business team.
Stock Performance Snapshot
March 26, 2018 – At Monday’s closing bell, OPKO Health’s banal rose 1.53%, catastrophe the trading affair at $3.32.
Volume traded for the day: 4.99 actor shares, which was aloft the 3-month boilerplate aggregate of 4.93 actor shares.
After yesterday’s close, OPKO Health’s bazaar cap was at $1.88 billion.
The banal is allotment of the Healthcare sector, categorized beneath the Biotechnology industry. This area was up 1.9% at the end of the session.
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