Xeris To Test Hypothyroidism Candidate In Healthy Subjects, Stock Moves Higher

  • The FDA has signed off Xeris Pharmaceuticals Inc's XERS Investigational New Drug Application (IND) for its XeriSol levothyroxine (XP-8121) for hypothyroidism. 
  • Xeris will initiate a Phase 1 study to characterize Pharmacokinetics (PK) and evaluate the safety and tolerability of XP-8121 in healthy participants.
  • Price Action: XERS shares are up 21.7% at $2.86 during the premarket session on the last check Thursday.
  • Related content: Benzinga's Full FDA Calendar.
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