BUZZ-Evoke surges on positive study for nasal spray

Reuters
2024-10-28

** Shares of drug developer Evoke Pharma more than double to $12.56 premarket

** Co says Gimoti, the nasal spray version of drug metoclopramide, when given to patients on GLP-1 weight loss treatments showed better reduction in symptoms compared to the oral version of metoclopramide

** EVOK says Gimoti can be used to treat patients on GLP-1 drugs with gastroparesis, a medical condition that prevents the stomach from emptying food and liquids properly

** Up to last close, stock down 58% YTD

(Reporting by Christy Santhosh)

((Christy.Santhosh@thomsonreuters.com))

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