Seeking Alpha

Ampion effective in study, Ampio shares soar

  • Ampio Pharmaceuticals (AMPE) soars 34% premarket after saying the endogenous immunomodulatory molecule Ampion met its primary endpoint in a study evaluating the treatment's ability to reduce pain in patients with osteoarthritis of the knee.
  • Orthopedic surgeon Dr. Brian McGrath, the study's principal investigator, calls the results "fantastic" and notes that it "may soon be possible to offer OAK patients an effective [injectable] therapy." (PR)
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