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La Jolla soars on mixed Phase II GCS-100 results

This article was originally published in Scrip

Executive Summary

La Jolla Pharmaceuticals skyrocketed 62.4% to $17.70 per share in after-hours trading on 10 March in response to top-line Phase II results for GCS-100 in chronic kidney disease (CKD). The clinical trial data showed statistical significance for the lowest dose of the San Diego-based company's galectin-3 inhibitor, but not for the highest dose.

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