BridgeBio Booming on Positive Phase 2 Cohort 5 Results

(24/7 MARKET NEWS) – BridgeBio Pharma, Inc. (Nasdaq: BBIO) is booming after announcing, this morning, positive PROPEL2 Phase 2 trial data, of the investigational therapy infigratinib in children with achondroplasia, demonstrating potential best-in-class efficacy and a clean safety profile.

BridgeBio Pharma is at $16.86, up $5.99 (+55.10%), on 1.2 million premarket shares.

Its 52-week trading range is $4.98 to $13.11. It’s close to begin filling in the gap to near the forty-dollar level, from 2022.

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