By Sabela Ojea

 

Shares of UroGen Pharma surged on Thursday after the biotechnology company said Phase 3 trials for its bladder cancer investigational treatment UGN-102 are fully enrolled.

The stock was up 49% to $13.37 at 11:18 a.m. ET. The shares have jumped 62% in the past 12 months.

The company said completing enrollment for the study is a major milestone that brings them one step closer validation of the medication for low-grade intermediate-risk nonmuscle-invasive bladder cancer.

UroGen expects to submit a New Drug Application with the Food and Drug Administration for the treatment UGN-102 in 2024.

 

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

 

(END) Dow Jones Newswires

July 27, 2023 11:51 ET (15:51 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
UroGen Pharma (NASDAQ:URGN)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more UroGen Pharma Charts.
UroGen Pharma (NASDAQ:URGN)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more UroGen Pharma Charts.