Keryx Biopharmaceuticals Inc. (KERX) Broke Out To A New High On Study Results - InvestingChannel

Keryx Biopharmaceuticals Inc. (KERX) Broke Out To A New High On Study Results

Keryx Biopharmaceuticals Inc. (KERX: Quote) announced Monday morning that its Phase 3 study of Zerenex, for the treatment of elevated serum phosphorus levels, or hyperphosphatemia, in patients with end-stage renal disease on dialysis, met the study’s primary endpoint.Keryx Biopharmaceuticals gapped up sharply Monday and climbed throughout the middle portion of the trading day. Shares finished with a gain of 2.63 at $6.06 on the highest volume of the year. The stock broke out to a new high for the year.

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by RTT Staff Writer

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