Buying picks up in Synergy after Ardelyx's tenapanor data; shares ahead 11%
May 12, 2017 1:14 PM ET|About: Synergy Pharmaceutical... (SGYP)|By: Douglas W. House, SA News Editor
Money flow has turned positive in Synergy Pharmaceuticals (SGYP +10.8%) albeit on modestly higher volume. Earlier today, would-be competitor Ardelyx (ARDX -36.7%) announced positive late-stage data on IBS-C candidate tenapanor but with a 14.6% rate of diarrhea, higher that Trulance's 5% (data from studies in chronic ideopathic constipation).
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