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Nektar’s lead drug candidate shows promise in eczema trial, shares soar

Nektar’s lead drug candidate shows promise in eczema trial, shares soar

 Nektar Therapeutics (NKTR.O), opens new tab said on Tuesday its lead drug candidate met the main goal of a mid-stage study testing the drug in eczema patients, sending its shares up by nearly 140%.

In the 393-patient global trial, experimental drug rezpegaldesleukin induced a statistically significant reduction in the severity of eczema, as measured on a widely used index.

Eczema, also known as atopic dermatitis, is a chronic skin condition that causes inflammation, redness and intense itching. An estimated 16.5 million adults in the U.S. suffer from it.

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