Centessa Pharma Reports Positive Phase 1 Data For ORX750 In Sleep-Deprived Volunteers; Stock Up

rttnews
2024.09.10 11:58
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Centessa Pharmaceuticals plc (CNTA) reported positive interim results from a Phase 1 trial of its orexin receptor 2 agonist, ORX750, in sleep-deprived volunteers. The drug demonstrated significant improvements in sleep latency and a favorable safety profile. CNTA plans to advance ORX750 into Phase 2 studies for narcolepsy and hypersomnia in Q4 2024. Following the announcement, CNTA's stock rose by 13.13% in pre-market trading.