- GlaxoSmithKline plc (NYSE:GSK) announced positive results from the ASCEND program comprised of five Phase 3 studies assessing daprodustat for anemia due to chronic kidney disease (CKD).
- Daprodustat is an investigational oral hypoxia-inducible factor prolyl hydroxylase inhibitor (HIF-PHI).
- For both dialysis-dependent and non-dialysis patients, daprodustat matched up to traditional erythropoiesis-stimulating agents (ESAs) in terms of heart safety.
- Among the group undergoing dialysis (N=2,964), the drug met both the -0.75 g/dL margin for mean hemoglobin levels (actual: 0.18) and the 1.25 hazard ratio for the first adjudicated MACE (actual: 0.93).
- Among the non-dialysis cohort (N=3,872), the drug spurred a mean treatment difference for hemoglobin of 0.08 g/dL, while the MACE hazard ratio was 1.03.
- Related Link: GlaxoSmithKline’s Anemia Candidate Shows Promise In Late-Stage Studies.
- Price Action: GSK shares are down 1.49% at $42.84 during the market session on the last check Monday.
United States Cellular Q2 EPS $0.39 Down From $0.78 YoY, Sales $1.01B Beat $1.01B Estimate; FY21 Service Sales $3.05B-$3.15B, Adj. EBITDA $1.025B-$1.125B
United States Cellular (NYSE:USM) reported quarterly earnings of $0.39 per share. This is a 50 percent decrease over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of
