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Rezolute receives breakthrough therapy designation for treatment of hypoglycemia

  • Rezolute (NASDAQ:RZLT) rose 6% after it announced that the U.S. Food and Drug Administration has granted Breakthrough Therapy Designation to ersodetug for the treatment of hypoglycemia due to congenital HI.
  • The Breakthrough Therapy Designation is based primarily on results from the Phase 2b study of ersodetug in participants with congenital HI, which safely demonstrated significant improvements in hypoglycemia of 75% or better, with no clinically significant hyperglycemia.
  • Source: Press Release
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