Vivek Ramaswamy’s Myovant outlines the PhII case for its lead drug, now in a late-stage test
When Vivek Ramaswamy whipped up the biotech company Myovant last year, he grabbed a late-stage drug called relugolix from Takeda as their lead therapy. That drug helped win investors over to a $218 million IPO — a record for 2016. And now Myovant $MYOV is laying out some of Takeda’s mid-stage data to demonstrate what the company hopes to see in the late-stage program.
The goal of relugolix is to reduce heavy menstrual bleeding in women with uterine fibroids. And that’s just what the high dose in the trial — the 40 mg dose being studied in Phase III — accomplished. Looking to reduce a score of at least 120 required at study entry to less than 10 from Week 6 through Week 12 on the Pictorial Blood Loss Assessment Chart, or PBAC, 73% of the women on the 40 mg dose achieved a score of 0.
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