Edgewise Therapeutics Shares Jump After Positive Data On Becker Muscular Dystrophy Study

Edgewise Therapeutics Inc EWTX posted positive topline results from Phase 1b trial of EDG-5506, designed to protect injury-susceptible fast skeletal muscle fibers in dystrophinopathies such as Duchenne muscular dystrophy (DMD) and Becker Muscular Dystrophy (BMD)

• The seven adults with BMD enrolled in the Phase 1b clinical trial were administered 20 mg oral doses of EDG-5506 (n=5) or placebo (n=2). 
• EDG-5506 was shown to be well-tolerated with no discontinuations or dose reductions. 
• Related: Edgewise Therapeutics Posts Data From Early-Stage Muscle Wasting Disease Trial.
• The most common adverse event observed in all Phase 1b participants, was dizziness which was mild, transient, and self-resolving.
• Similar to observations in the healthy volunteer portion of the clinical trial, dosing with EDG-5506 did not affect voluntary grip, shoulder, or hip strength.
• Treatment with EDG-5506 led to a significant and time-dependent decrease in key biomarkers of muscle damage.
• Price Action: EWTX shares are up 20.10% at $18.60 during the premarket session on the last check Wednesday.