Viridian Therapeutics rises as eye disorder treatment meets main goal in late-stage study
** Shares of drug developer Viridian Therapeutics VRDN.O rise 14% to $16.19 premarket
** Co says its experimental eye disorder treatment met the main goal of a late-stage study
** Co was testing the treatment, veligrotug, in patients with thyroid eye disease, an autoimmune disorder that causes inflammation and damage to tissues around the eyes
** VRDN says veligrotug significantly reduced bulging of the eye
** Co says the treatment showed statistically significant improvements in allof the measured symptoms of the disorder at 15 weeks after five infusions of veligrotug
** Veligrotug was generally well-tolerated with no treatment-related serious adverse events- VRDN
** Anticipates submitting a marketing application to the U.S. FDA in the second half of 2025
** Up to last close, stock down 34.9% YTD
Reporting by Sneha S K
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