BELLUS Health Stock Shines After Refractory Chronic Cough Trial Data

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  • BELLUS Health Inc BLU has announced a positive interim analysis from Phase 2b SOOTHE trial of BLU-5937 for refractory chronic cough (RCC).
  • BLU-5937, the Company's lead program, is a highly selective P2X3 antagonist.
  • An independent statistical team reported that the predefined stringent probability threshold for clinical efficacy was met for at least one dose of BLU-5937 for a clinically meaningful reduction in placebo-adjusted 24-hour cough frequency.
  • Limited taste-related adverse events were observed, consistent with previous BLU-5937 trials, and no serious adverse events were reported.
  • BELLUS anticipates announcing topline data in Q4 of 2021.
  • Price Action: BLU shares are up 36% at $5.33 during the premarket session on the last check Monday.
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Posted In: BiotechLong IdeasNewsPenny StocksHealth CareSmall CapMoversTrading IdeasGeneralBriefschronic coughPhase 2 Trial
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