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Receptos radiant on top-line data for Gilenya rival

 
• By Mandy Jackson

Receptos jumped 32% in after-hours trading on 9 June after the San Diego-based company said its sphingosine-1-phosphate receptor 1 (S1P1) agonist RPC1063 met the primary endpoint of reduction in MRI brain lesion activity for multiple sclerosis patients enrolled in the Phase II portion of the Phase II/III RADIANCE clinical trial.

Receptos jumped 32% in after-hours trading on 9 June after the San Diego-based company said its sphingosine-1-phosphate receptor 1 (S1P1) agonist RPC1063 met the primary endpoint of reduction in MRI brain lesion activity for multiple sclerosis patients enrolled in the Phase II portion of the Phase II/III RADIANCE clinical trial.

Executives revealed few details, but indicated that the results so far "exceeded expectations" and showed a differentiated profile relative to approved and investigational MS drugs in the same class....

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