August 14, 2025 - 08:18
In a notable advancement for the treatment of Charcot-Marie-Tooth disease with sorbitol accumulation (CMT-SORD), a company has reported significant developments in its ongoing initiatives. A meeting is scheduled with the FDA in the third quarter of 2025 to discuss govorestat, a promising therapeutic option for CMT-SORD.
At the recent PNS 2025 Annual Meeting, the company presented comprehensive 12-month clinical results and new topline data from the INSPIRE Phase 2/3 trial. The findings highlighted a meaningful slowdown in disease progression, as observed through MRI scans at the 24-month mark. This data underscores the potential effectiveness of govorestat in managing the debilitating effects of CMT-SORD.
Additionally, the company has launched a new sponsored Sorbitol Assay aimed at aiding in the identification of patients who may be suspected of having CMT-SORD. This initiative is expected to enhance diagnostic accuracy and facilitate timely treatment interventions. Furthermore, the company has entered into an out-licensing agreement, marking a strategic move in its efforts to expand the reach of its innovative therapies.
August 13, 2025 - 20:17
Instacart's Stock Dips Amid Amazon's Grocery ExpansionIn the latest market developments, shares of Maplebear, the parent company of Instacart, have experienced a decline following Amazon`s announcement of an expansion in its same-day grocery delivery...
August 13, 2025 - 02:51
AI Squared Launches Sparx: A Comprehensive Data Solution for BusinessesAI Squared has introduced Sparx, an innovative offering designed to streamline access to production-ready artificial intelligence for small businesses, mid-market companies, and non-profit...
August 12, 2025 - 22:14
Providence Bank Appoints New Chief Financial OfficerThe Providence, Rhode Island-based bank has announced the appointment of Aunoy Banerjee as its new Chief Financial Officer (CFO). This decision comes as the current CFO, John Woods, prepares to...
August 12, 2025 - 11:01
Stocks Struggle as Key Inflation Report LoomsStocks are searching for their latest records amid Wall Street`s furious bull run. However, the major indices faced a setback today, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all...