BUZZ-Tvardi rises as oral inflammation drug shows early-stage trial promise

Tvardi Therapeutics Inc.

Tvardi Therapeutics Inc.

TVRD

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** Shares of drug developer Tvardi Therapeutics TVRD.O rise 2% to $2.03 premarket

** Co says its oral experimental drug TTI-109 showed results in an early-stage study that were comparable to its earlier STAT3-targeting drug, TTI-101

** Says TTI-109 is being developed for diseases linked to inflammation and abnormal cell growth through the STAT3 protein

** Tvardi says TTI-109 reduced certain immune cells by up to 60%, a finding it believes supports further development

** Company said side effects were mild, with diarrhea lasting less than half a day versus more than three days with TTI-101

** As of last close, stock was down ~53% YTD