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ARGX stock drops 10% after halting Phase 3 trial for Sjögren's disease due to futility

Market News
08 Oct 2026
PRNewsWire
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Bearish
ARGX stock drops 10% after halting Phase 3 trial for Sjögren's disease due to futility

argenx SE (ARGX) shares fell over 10% on October 8, 2026, after the company stopped its Phase 3 UNITY trial of subcutaneous Vyvgart for Sjögren's disease due to futility. An independent committee found the study unlikely to meet its primary endpoint, prompting discontinuation. Despite positive Phase 2 results for another drug, FB102, in celiac disease, the stock declined sharply. A securities law investigation has been announced for shareholders who suffered losses, with legal firm Levi & Korsinsky offering no-cost evaluations for potential claims.

Regarding argenx and its recent developments, here is Pluang's health sector market snapshot as of Oct 09, 2026 02:02 WIB: Among 128 priced health-sector US stocks tradable on Pluang, 40 rose and 88 fell. Notable movers include Summit Therapeutics Inc (SMMT) at USD 17.26 with a 1-day change of -3.84%, Crispr Therapeutics AG (CRSP) at USD 50.48 with a 1-day change of -3.57% and a Pluang order activity of 77% Sell / 23% Buy, and Cardinal Health Inc (CAH) at USD 240.26 with a 1-day change of +3.49% and 100% buy order activity. The most notable figure is the 88 stocks that fell today.

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