UCB
Belgian drugmaker UCB's shares jumped 23% to $43.90 on April 23, after the US Food and Drug Administration unexpectedly approved its drug Cimzia (certolizumab pegol) for Crohn's disease. The approval is good news for the company, whose stock has lost almost a third of its value this year. In a recent 239-patient, Phase IIIb study, Cimzia was effective in CD patients intolerant or no longer responding to Remicade (infliximab).
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