Armata advances bacteriophage therapy to phase 3 for S. aureus
Armata to advance bacteriophage therapy to phase 3 for S. aureus LOS ANGELES - Armata Pharmaceuticals, Inc. (NYSE American:ARMP) announced Tuesday that the FDA has agreed that data from its Phase 2a diSArm study support advancement of AP-SA02 to Phase 3 clinical testing for complicated Staphylococcus aureus bacteremia. The biotech company, currently valued at $238.47 million, has seen its stock surge over 230% in the past year, trading at $6.68 as investors react to its clinical progress. According to InvestingPro data, analysts maintain a Strong Buy consensus on the stock with price targets ranging from $9 to $15. The company plans to initiate the Phase 3 superiority study in the second half of 2026, following the FDA’s End-of-Phase 2 written response. The regulatory agency provided guidance on key elements of the study design, which will assess AP-SA02’s effectiveness compared to current standard of care treatments. "The completion of our Phase 2a diSArm was the first evid...