Shares of biotech firm Rezolute RZLT.O rise 7% to $2.57
Co says it met the FDA to discuss next steps for its experimental drug ersodetug for congenital hyperinsulinism, a rare condition that causes dangerously low blood sugar in children
Says late‑stage trial showed the drug reduced low blood sugar episodes from baseline, but did not beat placebo on its main goal
Says trial results were affected by patient behavior, as families may have changed how closely blood sugar was monitored
Adds FDA acknowledged challenges of trials in this disease and said it will review full data before deciding on approval filing or additional studies
Early data from an ongoing extension study showed continued benefits - RZLT
RZLT fell ~52% in 2025