Repligen (RGEN) Continues Higher on Strong RG3039 Phase 1 Data

April 25, 2012 12:12 PM EDT Send to a Friend
Repligen (Nasdaq: RGEN) shares are continuing to move higher on the session Wednesday following a release earlier showing positive data from RG3039 Phase 1 as a spinal muscular atrophy (SMA) treatment. Shares are up 8 percent on the session following the release.

From the release: "The Phase 1 trial was a blinded, ascending, single dose study of RG3039 administered to 32 healthy volunteers. The study results demonstrate that RG3039 was well tolerated at all doses administered, with no serious adverse events reported."

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