20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Arcutis Biotherapeutics Inc (NASDAQ:ARQT) announced that the INTEGUMENT-PED Phase 3 trial of roflumilast cream 0.05%, in children ages 2 to 5 years with mild to moderate atopic dermatitis met its primary endpoint and all secondary endpoints.
For the primary endpoint, 25.4% of children treated once daily with roflumilast cream achieved Investigator Global Assessment (IGA) Success compared to 10.7% of children treated with the vehicle at Week 4, with significant improvements seen as early as Week 1.
39.4% of children treated with roflumilast cream achieved a 75% improvement in the Eczema Area and Severity Index (EASI-75), a key secondary endpoint.
Also Read: Arcutis' Flagship Psoriasis Treatment Shows Sustained Efficacy, Clearance For Median Of 10 Months.
Roflumilast cream was very well-tolerated.
The Company recently announced the submission of a supplemental New Drug Application to the FDA for roflumilast cream 0.15% for mild to moderate atopic dermatitis in adults and children ages six years and older.
Following the potential approval of roflumilast cream 0.15% and based on these results, Arcutis intends to submit an sNDA for roflumilast cream 0.05% for mild to moderate atopic dermatitis in children ages 2 to 5 years.
Price Action: ARQT shares are down 0.47% at $6.46 on the last check Tuesday.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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