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Market Impact: 0.42

Vanda Reports Positive Phase 3 Results For HETLIOZ In Delayed Sleep-Wake Phase Disorder; Stock Up

Source: Nasdaq

Healthcare & BiotechProduct Launches

Vanda Pharmaceuticals announced positive topline results from a pivotal Phase 3 trial of HETLIOZ (tasimelteon) in adults with Delayed Sleep-Wake Phase Disorder. The positive late-stage data could support a potential expansion of HETLIOZ's addressable market and is a meaningful catalyst for VNDA, although no efficacy or safety figures were provided.

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moderately positive

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0.58

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VNDA0.82

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