Arpida shares soar on late-stage superbug data

Shares of Switzerland's Arpida soared more than 25 percent this morning after the company announced that its superbug drug iclaprim performed as well as a competing drug from Pfizer in a late-stage trial. Arpida says that a regulatory filing for the therapy--designed to fight MRSA and other tough infections--is on track for later this year.

"We look to discuss the data with the regulatory authorities to define the path forward for the filing of a New Drug Application which we expect to take place in the course of this year," said Arpida CEO Khalid Islam.

- for more on the data, see this release
- here's the Dow Jones report on the study

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