Proactive Investors - Run By Investors For Investors

Correvio Pharma shares surge after preliminary test results in Europe on heart medication

No deaths were reported in the study from patients using the drug
Human heart and circulatory system
Correvio is a specialty pharmaceutical company based in Vancouver.

Correvio Pharma Corp (NASDAQ:CORV) climbed on Wednesday after reporting data from a European safety study on their drug Brinavess, which is used in treating atrial fibrillation. 

The post-authorization study is called Spectrum and some 2,000 treatment episodes were reported by 53 hospitals in the European Union. 

"This large European registry provides important data on the safety, efficacy and use of Brinavess in 1,778 patients in a real-world setting," said Kiran Bhirangi, Correvio's vice-president for Clinical Development and Medical Affairs. "In Spectrum, normal heart rhythm was restored in over 70% of patients at a median time of 11 minutes, HOIs (health outcomes of interest) were observed in 0.8% (17) of patients, and there were no deaths."

HOIs are defined as significant hypertension or irregular heartbeats.

Shares of Correvio hit a day's high of US$4.99 and were trading 6.6% up at US$4.725. 

Atrial fibrillation is an irregular and often rapid heart rate that can increase your risk of stroke, heart failure and other heart-related complications.

Correvio is a specialty pharmaceutical company based in Vancouver.

View full CORV profile View Profile

Correvio Pharma Corp Timeline

Related Articles

Pictured is the company's myLotus test
May 15 2019
Here we take a closer look at testing firm Concepta PLC (LON:CPT)
June 07 2019
Geremy Thomas, founder and chief executive of Sativa, said the company has "delivered expeditiously on its investment promise to the market"
April 30 2019
We take a look at a company with a unique approach to drug development that may ultimately help big pharma replenish its pipeline
Copyright ©, 2019. All Rights Reserved - Proactive Investors North America Inc., Proactive Investors LLC

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use