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VisitWill Incyte's stock price increase by more than 20% by the end of 2024 following the FDA approval of Niktimvo?
Yes • 50%
No • 50%
Publicly available stock price data from financial markets
FDA Approves Incyte's Niktimvo for Chronic GVHD
Aug 14, 2024, 10:09 PM
The U.S. Food and Drug Administration (FDA) has approved Incyte Corporation's drug, Niktimvo™ (axatilimab-csfr), for the treatment of chronic graft-versus-host disease (GVHD). This condition is a potentially fatal complication that can occur after a stem cell transplant. The approval marks a significant advancement in the treatment options available for patients suffering from chronic GVHD. The drug, developed in collaboration with Syndax Pharmaceuticals, offers a new therapeutic option for managing this serious condition.
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