Sangamo Therapeutics Up 17%; Unveiled Updated Study Data

Date : 07/08/2019 @ 1:43PM
Source : Dow Jones News
Stock : Sangamo Therapeutics Inc (SGMO)
Quote : 11.35  0.3 (2.71%) @ 5:00AM

Sangamo Therapeutics Up 17%; Unveiled Updated Study Data

Sangamo Therapeutics (NASDAQ:SGMO)
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2 Months : From Jun 2019 to Aug 2019

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By Michael Dabaie

 

Sangamo Therapeutics Inc. (SGMO) shares rose 17% to $13.37 premarket Monday.

The company and Pfizer Inc. (PFE) Friday unveiled updated results from the Phase 1/2 Alta study evaluating investigational SB-525 gene therapy for severe hemophilia A. The data showed that SB-525 was generally well-tolerated and demonstrated a dose-dependent increase in Factor VIII activity levels.

The first two patients treated at the 3e13 vg/kg dose rapidly achieved normal levels of FVIII activity as measured using a chromogenic assay, with no reported bleeding events, and the response continues to be durable for as long as 24 weeks, the extent of follow-up. The two patients more recently treated at the 3e13 vg/kg dose level are demonstrating FVIII activity kinetics that appear consistent with the first two patients treated in this dose cohort at similar early time points, the companies said.

SB-525 showed dose-dependent increases in FVIII activity levels across all dose cohorts evaluated, the companies said.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

July 08, 2019 08:28 ET (12:28 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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