argenx, a leading biotechnology company focusing on severe autoimmune diseases and cancer, has presented promising new
Efgartigimod data at
EULAR 2025. Its FcRn inhibitor
Vyvgart has also hit significant targets in Phase II studies for myositis and SjΓΆgren's diseases. The company has further expanded their European partnership with Arvato and has also reported encouraging Phase 2 results for
Efgartigimod in autoimmune diseases. Despite a momentary pause in trials of HIV combination therapy, the company maintains an outperform rating with a $715 target price. Important
FDA approval for a syringe version of the immune disorder drug has also been noted. Financial results for the first quarter of 2025 have been made public, pointing towards novel approaches and a promising pipeline leading to a 'Buy' rating. The company's stake in an NBC health marketing platform for the production of a CIDP reality show is set to further its market reach. Furthermore, after gaining
FDA approval for
Vyvgart, argenx plans on focusing more on the prefilled syringe to drive profitability in 2025. All these factors cumulatively indicate argenx's strong position in the biotech market.
argenx News Analytics from Thu, 19 Sep 2024 07:00:00 GMT to Wed, 11 Jun 2025 22:15:32 GMT -
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