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PHAT News and Press, Phathom Pharmaceuticals Inc. From 01/28/23

Stock Information

Company Name: Phathom Pharmaceuticals Inc.
Stock Symbol: PHAT
Market: NYSE
Website: phathompharma.com

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PHAT - Why Shares of Phathom Pharmaceutical Jumped This Week

Shares of Phathom Pharmaceuticals (NASDAQ: PHAT) were up 44.6% this past week, according to data provided by S&P Global Market Intelligence . The stock closed last Friday at $8.61, then closed at $12.36 on Friday. Despite the rise, the stock is down nearly 40% from its 52-week hig...

PHAT - Phathom Pharma hot streak continues as shares up for fifth straight session

Phathom Pharmaceuticals ( NASDAQ: PHAT ), which is up 5% Thursday afternoon, is continuing an upward trend that began on Jan. 20. Since market close on Jan. 19 through afternoon trading on Thursday, shares are up ~34% . BMO Capital Markets' Gary Nachman, who has an outperf...

PHAT - Phathom Pharma gains on Phase 3 results for heartburn therapy

Phathom Pharmaceuticals ( NASDAQ: PHAT ), a biopharma focused on GIT disorders, traded higher on Monday after the company said a Phase 3 trial for its experimental heartburn therapy vonoprazan met the primary endpoint. Vonoprazan is designed to block acid secretion in the stomach. The...

PHAT - Phathom Pharmaceuticals Announces Positive Topline Results from Phase 3 PHALCON-NERD-301 Trial Evaluating Daily Dosing of Vonoprazan for Symptomatic Non-Erosive Gastroesophageal Reflux Disease (NERD)

Both vonoprazan 10 mg and 20 mg doses met the primary endpoint and showed highly statistically significant greater percentage of 24-hour heartburn free days as compared to placebo (p<0.0001) Data expected to provide the basis for future regulatory submission for vonoprazan as a daily tre...

PHAT - Phathom Pharma sinks 25% after FDA won't act on vonoprazan NDA for erosive esophagitis

Phathom Pharmaceuticals ( NASDAQ: PHAT ) plunged 25% in after-hours trading on Tuesday after it was informed by the US FDA that the agency would not render a decision on its vonoprazan NDA for erosive esophagitis by the Jan. 11 PDUFA date . In early August 2022, the compa...

PHAT - Phathom Pharmaceuticals Provides Update on New Drug Application Review of Vonoprazan for Erosive Esophagitis

FLORHAM PARK, N.J., Jan. 03, 2023 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases and disorders, today announced that the U.S. Food and Drug Administration (FDA) ...

PHAT - Phathom Pharma: Approved Drugs, Upcoming PDUFA, Smallish Addressable Market

Summary PHAT, a Takeda spinoff, has a drug approved in H. pylori. The same drug has a PDUFA in a GERD subtype. The company is somewhat unexciting, being in a low-value market, however, it has some growth potential. Phathom Pharmaceuticals, Inc. ( PHAT ) develops ...

PHAT - Phathom Pharmaceuticals Reports Third Quarter 2022 Financial Results and Provides Business Updates

Patient enrollment completed for Phase 3 non-erosive gastroesophageal reflux disease (NERD) daily dosing trial with topline data for primary endpoint expected in Q1 2023 Obtained commitment for up to an additional $40 million under revenue interest financing agreement; total financi...

PHAT - Phathom Pharmaceuticals to Participate in Upcoming Investor Healthcare Conferences

FLORHAM PARK, N.J., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Phathom Pharmaceuticals, Inc. (Nasdaq: PHAT), a biopharmaceutical company focused on developing and commercializing novel treatments for gastrointestinal diseases and disorders, announced today that members of its management team will pa...

PHAT - Phathom Pharmaceuticals Announces Placement of the Remaining $40 Million in Non-Dilutive Capital under its up to $300 Million Revenue Interest Financing Agreement

Up to $40 million committed, resulting in total financing of up to $300 million available to Phathom with total royalty payments capped at 2.0x invested capital Provides agreement for additional $15 million upon FDA approval of vonoprazan for treatment of erosive esophagitis (EE) ...

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