Welcome to our dedicated page for Madrigal Pharmac news (Ticker: MDGL), a resource for investors and traders seeking the latest updates and insights on Madrigal Pharmac stock.
Madrigal Pharmaceuticals, Inc. (MDGL) is a clinical-stage biopharmaceutical company pioneering treatments for metabolic dysfunction-associated steatohepatitis (MASH), including its FDA-approved therapy Rezdiffra. This page provides investors and healthcare professionals with timely updates on corporate milestones, clinical research, and regulatory developments.
Access the latest press releases, earnings reports, and scientific announcements in one centralized location. Key updates include Rezdiffra's commercialization progress, new clinical data analyses, and strategic partnerships advancing MASH treatment innovation. Our curated news collection ensures you stay informed about material events without speculative commentary.
Regular updates cover regulatory submissions, trial expansions, financial disclosures, and patient access initiatives. Content is rigorously verified to provide accurate, actionable information for investment and therapeutic decision-making. Bookmark this page to monitor Madrigal's progress in addressing critical unmet needs in liver disease therapeutics.
Madrigal Pharmaceuticals (NASDAQ:MDGL) reported its Q3 2021 financial results, highlighting progress in its Phase 3 MAESTRO-NASH and MAESTRO-NAFLD-1 studies. The company's cash and marketable securities increased to $299.1 million, aided by $151.2 million from stock sales. Operating expenses rose to $63.2 million, reflecting higher R&D costs related to clinical trials, totaling $54.9 million for Q3. The company will present data from the MAESTRO-NAFLD-1 study at the AASLD’s upcoming meeting, slated for November 12-15, 2021.
Madrigal Pharmaceuticals (NASDAQ:MDGL) collaborates with the Fatty Liver Foundation to recognize Liver Awareness Month by ringing the Nasdaq closing bell, aiming to highlight the critical need for NAFLD/NASH awareness. NAFLD affects over 16 million Americans, with NASH being the leading cause of liver transplants. Madrigal supports the NAFLD Screening Fund to promote evidence-based screening for early detection of these conditions. The initiative is intended to enhance understanding and diagnosis of NAFLD/NASH, as well as guide affected patients to necessary care.
Madrigal Pharmaceuticals (NASDAQ:MDGL) announced its Q2 2021 financial results, highlighting significant advancements in its MAESTRO clinical trials for NASH treatment, including successful patient enrollment for accelerated approval. The company has over 2,000 patients enrolled across these trials, with promising results in liver fat reduction. As of June 30, 2021, Madrigal reported cash and marketable securities totaling $323.8 million, up from $284.1 million at year-end 2020. Operating expenses increased due to heightened R&D efforts, amounting to $61.7 million for the quarter.
Madrigal Pharmaceuticals has appointed Dr. Robert Waltermire as Chief Pharmaceutical Development Officer. With over 30 years of experience in pharmaceutical development, he will lead CMC development for resmetirom, Madrigal's lead candidate for treating NASH. This product is in two Phase 3 clinical studies aimed at addressing significant unmet medical needs. Dr. Waltermire's prior roles include Senior VP at VenatoRx and VP at Bristol-Myers Squibb, underscoring his extensive expertise. The company aims to achieve first-to-market status in the NASH treatment arena, potentially benefiting millions of patients.
Madrigal Pharmaceuticals (NASDAQ: MDGL) has dosed its first patient in the MAESTRO-NAFLD-1 Open Label Extension (NCT04951219), following the completion of the MAESTRO-NAFLD-1 Phase 3 study. This 52-week study evaluates the efficacy of resmetirom in addressing non-alcoholic fatty liver disease (NAFLD), presumed non-alcoholic steatohepatitis (NASH). Patients previously on placebo can now receive active treatment, while those on resmetirom continue. Positive results have been reported from prior trials, strengthening prospects for future treatment success and additional data on safety and efficacy.
Madrigal Pharmaceuticals (NASDAQ: MDGL) announced the achievement of planned target enrollment in its Phase 3 trial, MAESTRO-NASH, aimed at treating NASH with its lead candidate, resmetirom. The company plans to submit for Subpart H (Accelerated Approval) to the FDA, supported by data from MAESTRO-NASH and MAESTRO-NAFLD-1, which collectively involve over 2,000 patients. Topline data is expected by Q3 2022. The studies highlight the significant unmet medical need for NASH therapies.
Madrigal Pharmaceuticals (NASDAQ:MDGL) presented positive clinical data from the Phase 3 MAESTRO-NAFLD-1 study of resmetirom for treating nonalcoholic steatohepatitis (NASH) at the International Liver Congress 2021. Resmetirom, administered at 100 mg daily for 52 weeks, was found to be safe, well-tolerated, and effective in reducing hepatic fat, fibrosis, liver injury, and atherogenic lipids in both non-cirrhotic and well-compensated cirrhotic patients. The study utilized non-invasive assessments to monitor treatment response, suggesting a promising future for resmetirom as a leading therapeutic option for NASH patients.
Madrigal Pharmaceuticals (NASDAQ: MDGL) announced participation in two upcoming virtual investor conferences. The 42nd Annual Goldman Sachs Global Healthcare Conference fireside chat is scheduled for June 10, 2021, at 9:40 a.m. ET, followed by a JMP Securities Life Sciences Conference fireside chat on June 16, 2021, at 3:30 p.m. ET. Both presentations will be webcast live and available for 90 days replay.
Madrigal focuses on developing therapeutics for cardio-metabolic and fatty liver diseases, with its lead candidate, resmetirom, currently in two Phase 3 studies for NASH and NAFLD.
Madrigal Pharmaceuticals (NASDAQ: MDGL) will participate in a fireside chat at the UBS Global Healthcare Virtual Conference on May 24, 2021, at 4:00 pm ET. The executive team, including CEO Paul Friedman, CMO Becky Taub, and CFO Alex Howarth, will discuss the company’s novel therapeutics targeting cardio-metabolic and fatty liver diseases, particularly non-alcoholic steatohepatitis (NASH). The chat will be available for live webcast and replay for 90 days in the Investor Relations section of Madrigal's website.
Madrigal Pharmaceuticals (NASDAQ: MDGL) announced that its executive team will present at the RBC Capital Markets Virtual 2021 Global Healthcare Conference on May 19, 2021, at 8:00 a.m. ET. Key executives include CEO Paul Friedman, CMO Becky Taub, Senior VP Remy Sukhija, and CFO Alex Howarth. The presentation will be accessible via live webcast on Madrigal's Investor Relations page and available for replay for 90 days. Madrigal focuses on developing therapies for cardio-metabolic and fatty liver diseases, with its leading candidate, resmetirom, currently in two Phase 3 trials for NASH and NAFLD.
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