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A December To Remember

Achaogen Inc
Achaogen Inc

Achaogen Inc. (AKAO) is a late-stage company developing antibacterial medicines. The company’s lead product candidate is Plazomicin, designed to have a superior potency against Carbapenem-Resistant Enterobacteriaceae (CRE) infections.

Plazomicin is under two phase III trials, dubbed EPIC and CARE, in patients with complicated urinary tract infections and patients with CRE infections, respectively.

The top-line results from both the EPIC and CARE clinical trials are expected this month.

AKAO is down nearly 11% so far this year, and trades around $5.11.