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MBX Biosciences Shares Surge on Promising Canvuparatide Data

9/22/2025

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Story summary
  • MBX Biosciences shares rose to a nine-month high after canvuparatide data for chronic hypoparathyroidism.
  • Canvuparatide produced a 63% response in 12 weeks, with 79% in an open-label extension.
  • Urine calcium fell 48% versus 33% placebo; side effects were mild, with 19% injection-site pain.
  • Phase 3 planned for 2026; analysts say efficacy lags Yorvipath; market may reach $1.32B by 2032.