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Atossa on go with mid-stage study of Endoxifen in Sweden; shares up 13% premarket

Published 04/30/2018, 09:20 AM
© Reuters.  Atossa on go with mid-stage study of Endoxifen in Sweden; shares up 13% premarket
ATOS
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  • Atossa Genetics (NASDAQ:ATOS) is up 13% premarket on modest volume on the heels of its announcement that the Swedish Medical Products Agency has signed off on a Phase 2 clinical trial assessing topical Endoxifen in women with mammographic breast density (MBD).
  • The primary endpoint of the 90-subject study will be the change in MBD at month 3 and month 6 compared to placebo.
  • The company says studies have shown that reducing MBD reduces the risk of developing breast cancer and may improve the accuracy of mammography in finding cancer.
  • Endoxifen is an active metabolite of tamoxifen, the active ingredient in AstraZeneca's Nolvadex (the company stopped making it in June 2006).
  • Previously: Atossa's endoxifen shows much quicker absorption than tamoxifen in early-stage study; shares up 10% after hours (Feb. 1)
  • Now read: Your Daily Pharma Scoop: Alder's Migraine Data, Centene Revenues, Tesaro's Positive Results


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