New acne mechanism shows 1-year durability in Phase III, says Sagimet
US clinical-stage biotech Sagimet Biosciences’ (Nasdaq: SGMT) shares rose 10% to $6.23 after it announced that China-based partner Ascletis Pharma reported positive top-line results in the open-label Phase III trial evaluating the long-term safety of ASC-40 (denifanstat) tablets in patients with moderate to severe acne.
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