Obseva SA (NASDAQ:OBSV) is trading higher in the pre-market session after the news.
Major Trigger:
ObsEva Presents Clinical Data on Open-Label Pilot Study of Yselty® (linzagolix) for the Treatment of Severe Adenomyosis at ESHRE Virtual 37th Annual Meeting
Key Highlights:
- Obseva announced clinical data from a pilot study on Yselty® (linzagolix) for the treatment of severe adenomyosis was presented at the European Society of Human Reproduction and Embryology (ESHRE) Virtual 37th Annual Meeting, being held June 26-July 1, 2021.
- Additionally, 52-week data from two Phase 3 studies of Yselty for the treatment of uterine fibroids, as well as results from an analysis of uterine contractility in women who participated in the IMPLANT 1 Phase 2 study of nolasiban for in-vitro fertilization (IVF) patients prior to embryo transfer (ET), was presented. .
Key Quote:
“We are encouraged by the positive data generated from the pilot study, demonstrating the potential clinical benefit of Yselty for the treatment of severe adenomyosis,” said Olivier Donnez, M.D., Ph.D., a key opinion leader in gynecologic therapeutics. “Suppression of estradiol using GnRH antagonists has been shown to be an effective treatment for endometriosis and uterine fibroids. Building on this, results from our study indicate that a full-suppression dose of Yselty reduces uterine and adenomyosis lesion size, as well as abnormal uterine bleeding and pelvic pain. We look forward to expanding on this study, potentially exploring a partial suppression dose to maintain efficacy after 24 weeks as we continue to work toward maximizing the full potential of Yselty to improve quality of life for patients.”
Market Reaction:
As of 8:34, OBSV stock gained by 3.32% to $3.11. So far more than 15K shares have exchanged hands.
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