Vanda Pharmaceuticals Stock Rallies on FDA Filing
Vanda PharmaceuticalsVanda Pharmaceuticals(US:VNDA) Schaeffers Investment Research·2025-12-27 00:41

Vanda Pharmaceuticals Inc. (NASDAQ:VNDA) shares are up 2.2% to trade at 7.06atlastcheck.ThecompanyannouncedlastweekitfiledaBiologicsLicenseApplicationwiththeU.S.FoodandDrugAdministration(FDA)forisidolimab,itsantibodybasedtreatmentforpatientswithpustularpsoriasis.Thestockisextendinglastweeksmoveabovethe7.06 at last check. The company announced last week it filed a Biologics License Application with the U.S. Food and Drug Administration (FDA) for isidolimab, its antibody-based treatment for patients with pustular psoriasis.The stock is extending last week's move above the 7 level, and marked a fresh two-year high of 7.25rightoutofthegate.VNDAtoppledresistanceat7.25 right out of the gate. VNDA toppled resistance at 5.50 earlier this month after spending November firmly below t ...