Agios Pharma slips as FDA extends review of sickle cell drug

By Reuters News

** Agios Pharmaceuticals AGIO.O shares fall 11.2% to $33.06 premarket

** FDA extends review of co's drug mitapivat for sickle cell disease by three months

** Sets new action date of February 1, 2027

** Co says FDA requested additional information to evaluate whether a risk evaluation and mitigation strategy is necessary for the drug for sickle cell

** Sickle cell disease is a rare, inherited blood disorder in which abnormal hemoglobin causes red blood cells to become rigid and sickle-shaped

** Mitapivat is approved under the brand name Pyrukynd for the treatment of a type of hemolytic anemia caused by the deficiency of an enzyme called pyruvate kinase and as Aqvesme for thalassemia

** Up to last close, stock up ~37% YTD

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.