FDA approval of a first-in-class stroke blood thinner is a major biotech catalyst.
Context
What happened: The FDA approved Bayer's Sunharbo, a once-daily pill, to reduce the risk of another stroke.
Key numbers: The trial showed a 26% reduction in ischemic stroke.
Why it matters: The approval covers a first-in-class blood thinner, giving Bayer a new product in the stroke prevention market.