Eupraxia Pharmaceuticals Inc. (EPRX) garnered retail attention on Tuesday after the biotech company reported positive data from the Phase 1b/2a portion of its RESOLVE trial evaluating treatment for eosinophilic esophagitis, a digestive system condition. Mid-stage trial data showed upto 76% remission with no serious safety concerns.
EPRX was among the top trending tickers on Stocktwits at the time of writing.
A new cohort using improved catheter delivery demonstrated significantly better outcomes, with the treatment well tolerated across all dose levels, with no serious adverse events. Eupraxia’s EP-104GI is backed by its Diffusphere technology, which enables precise drug delivery directly into the target tissues.
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