Madrigal Pharmaceuticals To Announce Topline Results from the Phase 3 MAESTRO-NASH Study of Resmetirom on Monday, December 19th
Madrigal Pharmaceuticals (NASDAQ: MDGL) is set to announce topline results from its Phase 3 MAESTRO-NASH study of resmetirom on December 19, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Madrigal Pharmaceuticals (NASDAQ: MDGL) is set to announce topline results from its Phase 3 MAESTRO-NASH study of resmetirom on December 19, 2022. The press release will be available at 7:00 am EST, followed by a conference call at 8:00 am EST. Resmetirom is an innovative oral therapy targeting nonalcoholic steatohepatitis (NASH), an area of high unmet medical need. Madrigal aims to address the underlying causes of NASH through its thyroid hormone receptor-selective approach.
Positive
- Announcement of topline results from Phase 3 MAESTRO-NASH study, potentially significant for market perception.
- Resmetirom targets a critical area in liver disease with high unmet medical need.
Negative
- None.
Details
News Market Reaction – MDGL
The recorded move for MDGL in the trading session of this news was +268.07%.
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CONSHOHOCKEN, Pa., Dec. 18, 2022 (GLOBE NEWSWIRE) -- Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL), a clinical-stage biopharmaceutical company pursuing novel therapeutics for nonalcoholic steatohepatitis (NASH), plans to announce topline results from the Phase 3 MAESTRO-NASH study of resmetirom on Monday, December 19th, 2022.
The schedule for the press release and conference call/webcast is as follows:
| • MAESTRO-NASH Press Release: | December 19th, 2022 at 7:00 am EST | |
| • MAESTRO-NAFLD-1 Conference Call: | December 19th, 2022 at 8:00 am EST | |
To access the live webcast of the call with slides please visit the Investors section of Madrigal’s website or click here. To access the call by phone, please go to this link (registration link), and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. An archived webcast will be available on the Madrigal website after the event.
About Madrigal Pharmaceuticals
Madrigal Pharmaceuticals, Inc. (Nasdaq: MDGL) is a clinical-stage biopharmaceutical company pursuing novel therapeutics for nonalcoholic steatohepatitis (NASH), a liver disease with high unmet medical need. Madrigal’s lead candidate, resmetirom, is a once daily, oral, thyroid hormone receptor (THR)-β selective agonist designed to target key underlying causes of NASH in the liver. For more information, visit www.madrigalpharma.com.
Investor Contact
Alex Howarth, Madrigal Pharmaceuticals, Inc., IR@madrigalpharma.com
Media Contact
Christopher Frates, Madrigal Pharmaceuticals, Inc., media@madrigalpharma.com
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