Why Erytech Pharma Shares Are Rising Today

Why Erytech Pharma Shares Are Rising Today
  • Erytech Pharma SA ERYP says that the results from the NOPHO sponsored Phase 2 trial of eryaspase in acute lymphoblastic leukemia (ALL) patients are published in the British Journal of Haematology.
  • The Phase 2 NOR-GRASPALL-2016 trial evaluated the safety and pharmacological profile of eryaspase in ALL patients who had previously experienced hypersensitivity reactions to pegylated asparaginase therapy. 
  • The trial enrolled 55 patients. The primary objectives of the trial were asparaginase enzyme activity and safety. Both endpoints were met.
  • Eryaspase demonstrated sustained asparaginase enzyme activity above the threshold of >100 U/L at trough levels 14 days after the first infusion in 92.5% of patients. 
  • Eryaspase was generally well tolerated when added to chemotherapy, and almost all patients could receive the intended courses of asparaginase. 
  • Of the 55 patients, only 2 had severe allergic reactions and withdrew eryaspase treatment.
  • The study confirms the potential of eryaspase as a treatment option for acute lymphoblastic leukemia (ALL) patients with hypersensitivity to PEG-asparaginase.
  • Price Action: ERYP shares are up 19.8% at $1.88 during the premarket session on the last check Thursday.

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