ChemoCentryx Soars On Phase III Avacopan Data In ANCA Vasculitis

The company and partner Vifor said the selective complement 5a receptor inhibitor met both primary and multiple secondary endpoints; US and EU filings are planned for 2020.

woman in a laboratory microscope with microscope slide in hand.toned image.
ChemoCentryx and Vifor will report additional details in the coming weeks.

ChemoCentryx Inc. and partner Vifor Fresenius Medical Care Renal Pharma Ltd. believe their drug avacopan may be able to replace chronic use of glucocorticoid steroids in the treatment of anti-neutrophil cytoplasmic antibody (ANCA)-associated vasculitis after the selective complement 5a receptor inhibitor met the two primary and multiple secondary endpoints in the Phase III ADVOCATE clinical trial.

The companies announced detailed top-line results after the stock market closed on 25 November and ChemoCentryx saw its stock price quadruple in after-hours trading to $32.19 per share

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