Albireo Pharma (NASDAQ: ALBO) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Last Wednesday, ALBO announced a trio of key clinical updates across three different liver indications, with the most imminent being Ph3 readout for odevixibat in PFIC in mid 2020, followed by a pivotal trial in biliary atresia in 1H20 as well as a pivotal study in Alagille syndrome by YE20. See below for our thoughts below on why these clinical developments will make 2020 a fruitful year for ALBO.”
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Albireo Pharma is a clinical-stage biopharmaceutical company focused on the development of novel bile acid modulators to treat orphan pediatric liver diseases, and other liver and gastrointestinal diseases and disorders. Albireo’s lead product candidate, odevixibat, is being developed to treat rare pediatric cholestatic liver diseases and is in Phase 3 development in its initial target indication, progressive familial intrahepatic cholestasis (“PFIC”). Albireo’s clinical pipeline also includes two Phase 2 product candidates. Elobixibat is in Phase 2 development in NAFLD and NASH. Approved in Japan for the treatment of chronic constipation, elobixibat is the first ileal bile acid transporter (“IBAT”) inhibitor approved anywhere in the world. Albireo was spun out from AstraZeneca in 2008. Albireo Pharma is located in Boston, Mass., and its key operating subsidiary is located in Gothenburg, Sweden. For more information, visit the company’s website at www.AlbireoPharma.com.
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