Argenx Shares Rise After Positive Results From Phase 3 Study of Efgartigimod

By Najat Kantouar


Shares in Argenx rose after the European pharmaceutical company reported positive results from the phase 3 trial of Efgartigimod for the treatment of autoimmune myositis.

In early morning trading, shares were up 8% at 788.40 euros. Year to date, shares have risen 10%.

The company said Monday that patients demonstrated greater improvement both statistically and clinically at week 52 versus placebo.

Efgartigimod was well-tolerated by patients during the study, the company added.

"The patient response to efgartigimod was durable and multidimensional: separation from placebo emerged early and held through a full year of treatment, with a treatment effect of comparable magnitude in immune-mediated necrotizing myopathy and dermatomyositis," Chief Medical Officer Luc Truyen said.


Write to Najat Kantouar at najat.kantouar@wsj.com


(END) Dow Jones Newswires

August 17, 2026 04:23 ET (08:23 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center