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Argenx halts late-stage Sjogren’s trial of Vyvgart

Argenx stopped a late-stage clinical trial of Vyvgart for Sjogren's disease due to lack of efficacy, with shares down 18% in European morning trading.

ARGX

Argenx shares fell sharply after the biotech company stopped a late-stage clinical trial of its Vyvgart drug because it did not show enough efficacy for treating the autoimmune condition Sjogren's disease. Shares in Argenx were down 18% in European morning trading Thursday.