Catabasis Pharmaceuticals reports Q1 EPS (62c), consensus (69c)
"We are making strong progress with enrollment in our Phase 3 PolarisDMD trial for edasalonexent, and the trial is now enrolling patients in seven countries. There has been significant interest from families and enthusiasm from investigators globally, and we believe that approximately 90% of the patients have been identified. We anticipate all patients will be identified in the coming weeks and expect all participating sites to be open for enrollment within a month, which will further support scheduling the remaining families. Based on our current projections, we expect to have top-line results from the study in the second half of 2020, which are anticipated to support an NDA filing in early 2021," said Jill Milne, Ph.D., CEO of Catabasis. "In addition, we continue to be encouraged by the long-term MoveDMD muscle function, biomarker and growth data that reinforce edasalonexent's potential as a therapy for all affected by Duchenne, regardless of mutation type."