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Monday, December 22, 2014

Stock Alerts - Achillion Pharmaceuticals' (NASDAQ:ACHN) reports positive interim results for HCV candidates- 12/22/14

Achillion reports positive interim results for HCV candidates
  • In an open label Phase 2 proxy study, Achillion Pharmaceuticals' (NASDAQ:ACHN) NS5A inhibitor, ACH-3102, in combination with Sovaldi (sofosbuvir) achieved 100% SVR4 in 12 patients in six weeks, independent of baseline viral load, gender and IL28B status. SVR12 results will be reported in H1 2015. The combination therapy was well-tolerated with no serious adverse events reported.
  • In a Phase 1 proof-of-concept study in treatment-naive HCV-1 patients, the company's nucleotide inhibitor, ACH-3422, demonstrated a mean maximum reduction in HCV viral RNA load of 4.8 log10 IU/mL within 14 days at a dose of 700 mg (once daily for 14 days). Three of six patients achieved undetectable HCV RNA (<10 iu="" li="" ml="">
  • The company will conduct a conference call this morning at 8:30 am ET to discuss the results.
  • Shares are up 62% premarket on robust volume.
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