
Californian biopharma Corvus Pharmaceuticals (Nasdaq: CRVS) has announced positive results from cohort four of the randomized, blinded, placebo-controlled Phase I trial of soquelitinib in moderate to severe atopic dermatitis.
These results sent shares in Corvus climbing rapidly Tuesday, closing 166% higher, amid suggestions that soquelitinib could be a potential challenger to Dupixent (dupilumab), Sanofi (Euronext: SAN) and Regeneron’s (Nasdaq: REGN) big-selling targeted immunomodulator.
The results from cohort four increase our confidence that soquelitinib could become a leading oral therapy for the treatment of atopic dermatitis
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