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EBS

Emergent BioSolutions

$80.49 /

-12.45 (-13.40%)

08:29
04/02/21
04/02
08:29
04/02/21
08:29

Emergent says treatment for hospitalized Covid patients shows no benefit

Emergent BioSolutions provided an update on the evaluation of its investigational SARS-CoV-2 immune globulin intravenous, or COVID-HIG, for the treatment of hospitalized patients with COVID-19. The Phase 3 Inpatient Treatment with Anti-Coronavirus Immunoglobulin trial, also known as INSIGHT-013, sponsored and supported by the National Institute of Allergy and Infectious Diseases, assessed the safety and efficacy of four immunoglobulin candidates plus standard of care versus placebo plus standard of care in hospitalized patients with COVID-19. Topline data from the trial demonstrated that the addition of anti-SARS-CoV-2 hyperimmunoglobulin to standard of care, inclusive of remdesivir, for hospitalized adult COVID-19 patients with symptoms for less than 12 days did not provide clinical benefit when compared to standard of care plus placebo, Emergent said in a statement. There were no serious safety concerns identified. "While we are disappointed by these data in hospitalized patients where there remains a high unmet need, we recognize that, similar to other antibody-based therapies, intervention with COVID-HIG earlier in the disease course may be necessary to impact COVID-19 in patients," said Dr. Laura Saward, SVP and therapeutics business unit head at Emergent BioSolutions. COVID-HIG is also being developed as a potential treatment for outpatients at high risk of progression to severe disease with funding from Biomedical Advanced Research and Development Authority. It is also being supported with funding from the U.S. Department of Defense.

EBS Emergent BioSolutions
$80.49 /

-12.45 (-13.40%)

02/24/21 Chardan
Chardan reverses last week's downgrade, upgrades Emergent to Buy
02/24/21 Chardan
Emergent BioSolutions upgraded to Buy from Neutral at Chardan
02/19/21
Fly Intel: Top five analyst downgrades
02/19/21 Chardan
Emergent BioSolutions downgraded to Neutral from Buy at Chardan

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