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BridgeBio Pharma to Present Additional Data from the Phase 3 ATTRibute-CM Study in Patients with Transthyretin Amyloid Cardiomyopathy (ATTR-CM) at the American Heart Association (AHA) Scientific Sessions 2023

Key Takeaway: BridgeBio Pharma, Inc. announced it will present additional Phase 3 data from the ATTRibute-CM study on acoramidis for patients with Transthyretin Amyloid Cardiomyopathy at the AHA Scientific Sessions 2023. The study has demonstrated a highly statistically significant primary endpoint result with a Win Ratio of 1.8 (p<0.0001). As part of the presentation, Dr. Daniel Judge will discuss the improvements in clinical outcomes for patients. An investor call will also follow the presentation to discuss the findings in more detail.
Price reaction · baseline $29.39 (2023-11-08 close) · hit after-hours · 2 other BBIO headline(s) in the window, move may be shared
day 0 close · peak
-7.9%
day 1
-7.8%
day 3
+0.3%

Market Sentiment Analysis

POSITIVE FACTORS

  • Presentation of additional data from the Phase 3 ATTRibute-CM study is expected to enhance investor interest.
  • The study reports highly statistically significant results, indicating robust efficacy of acoramidis.
  • An investor call is scheduled to discuss results, reflecting transparency and proactive communication with stakeholders.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+41%
120-day peak, hindsight
Typical move
3.6%
average across 13 past catalysts
Cash runway
~30 mo
Minimal dilution risk
Lead asset
acoramidis
Phase 3 · Amyloidosis

Full Press Release Details

PALO ALTO, Calif., Nov. 09, 2023 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (“BridgeBio” or the “Company”), a commercial-stage biopharmaceutical company focused on genetic diseases and cancers, announced today that additional Phase 3 data on clinical outcomes from ATTRibute-CM, its study of acoramidis in ATTR-CM will be presented at the AHA Scientific Sessions 2023, taking place in Philadelphia, Pennsylvania on November 11 - 13, 2023. As previously announced, a highly statistically significant result was observed on the primary endpoint of ATTRibute-CM with a Win Ratio of 1.8 (p<0.0001). ATTRibute-CM was designed to study the efficacy and safety of acoramidis, an investigational, next-generation, orally-administered, highly potent, small molecule stabilizer of transthyretin.
BridgeBio will host an investor call with members of the Company’s leadership team on Sunday, November 12 at 11:15 am ET to discuss the results shared at the meeting.
Oral presentation details:
Acoramidis Improves Clinical Outcomes in Transthyretin Amyloid Cardiomyopathy Patients
Presenter: Dr. Daniel Judge, Professor of Medicine and Cardiology at the Medical University of South Carolina, and Co-Chair of the ATTRibute-CM Steering Committee
Date/time: Sunday, November 12 at 10:19 am ET
Location: Room 203AB, Pennsylvania Convention Center
BridgeBio will host an investor call and simultaneous webcast to discuss the additional data presented at AHA 2023 for the ATTRibute-CM Phase 3 trial on Sunday, November 12 at 11:15 am ET. A link to the webcast may be accessed from the event calendar page of BridgeBio’s website at https://investor.bridgebio.com/. A replay of the conference call and webcast will be archived on the Company’s website and will be available for at least 30 days following the event.
About BridgeBio Pharma, Inc.
BridgeBio Media Contact:

Frequently Asked Questions

What is the focus of BridgeBio Pharma, Inc.?

BridgeBio Pharma specializes in genetic diseases and cancers.

What is the main subject of the ATTRibute-CM study?

The study examines the efficacy and safety of acoramidis in ATTR-CM.

When will the Phase 3 data be presented?

The data will be presented at the AHA Scientific Sessions on November 11-13, 2023.

Who is presenting at the AHA Scientific Sessions?

Dr. Daniel Judge will present on acoramidis at the sessions.

How can I access the investor call webcast?

The webcast link will be available on BridgeBio’s event calendar page.

Last updated: Nov 9, 2023