Immunovant's batoclimab shows ‘impressive' efficacy in MG, says H.C. Wainwright
Immunovant (IMVT) reported best absolute improvements with IMVT-1402 in myasthenia gravis and chronic inflammatory demyelinating polyneuropathy, and while H.C. Wainwright analyst Douglas Tsao was encouraged to see the impressive absolute improvements in MG-Activities of Daily Living, the firm acknowledges that the placebo-adjusted readout was mid-pack among FcRn inhibitors-better than nipocalimab but below argenx's (ARGX) Vyvgart and UCB's (UCBY) Rystiggo, the analyst tells investors. The company also reported positive initial CIDP results from Period 1 of the study, which showed that following standard of care washout, patients were randomized into 680mg and 340mg batoclimab only, the firm says. The firm has a Buy rating and $51 price target on Immunovant shares, and says the 'more is better' debate has not yet been settled.
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Immunovant Announces Positive Phase 3 Study Results
Immunovant announces results from Phase 3 study of batoclimab in MG
Roivant says Immunovant announces results from Phase 3 study of batoclimab in MG
Immunovant's Phase 3 Trial of Batoclimab: A Catalyst for Future Growth and Market Impact
Biohaven price target lowered to $57 from $73 at Bernstein
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