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Business

US FDA approves Inovio’s treatment for rare throat disease; shares surge

Lila Johnson
Lila Johnson
Lila Johnson
Reporter · Fargo, ND

Lila Johnson is a seasoned business reporter with a background in finance, having graduated from the University of North Dakota. She has previously worked with local business journals and focuses on small business success stories and entrepreneurial initiatives.

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Reporter · Friday, October 30, 2026 at 8:44 PM · 1 min read
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US FDA approves Inovio’s treatment for rare throat disease; shares surge — Rugby Business news

Oct 30 (Reuters) The US Food and Drug ​Administration has ‌approved Inovio Pharmaceuticals treatment for a rare respiratory ‌condition, ​the regulator ⁠said on ⁠Friday, marking the company s first approved product. Shares of ​Inovio were up 215% ⁠in extending ⁠trading. Inovio s therapy ​INO-3107, branded as ​Voceryq, gives patients with ‌recurrent respiratory papillomatosis a new treatment option ⁠for the condition, which causes growths in ⁠the ‌airways and ⁠often requires ​repeated ‌surgeries. (Reporting by ​Sahil Pandey, ⁠Christy Santhosh and Siddhi Mahatole in Bengaluru; Editing by Shailesh ​Kuber)

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