Savara Inc. (SVRA): Progress in Rare Respiratory Disease Treatment with MOLBREEVI

BioPharmaJournal
2024.12.30 04:31
portai
I'm PortAI, I can summarize articles.

Savara Inc. (Nasdaq: SVRA) is advancing its investigational therapy, MOLBREEVI, for autoimmune pulmonary alveolar proteinosis (aPAP), a rare respiratory disease with no current treatments. Despite a recent stock decline to $3.15, after-hours trading showed signs of stabilization. The company initiated a rolling submission of a Biologics License Application (BLA) for MOLBREEVI, which has received multiple designations from regulatory agencies. Savara's CEO expressed optimism about the therapy's potential to transform aPAP treatment, positioning the company for future growth amid market volatility.