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Argenx rallies after Chugai generalized myasthenia gravis study fails
The Fly

Argenx rallies after Chugai generalized myasthenia gravis study fails

Shares of Argenx (ARGX) after rising after Roche’s (RHHBY) Chugai Pharmaceutical announced results from its Phase III LUMINESCE study of Enspryng, an investigational treatment for generalized myasthenia gravis. Statistically significant data was observed in its primary endpoint, however the results did not reach expectations on the degree of clinical benefit, the company in a statement. Shares of Argenx, which markets Vyvgart for generalized myasthenia gravis, are up 12%, or $43.61, to $400.56 in premarket trading.

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