Ascendis Pharma Posts Positive Phase 2 Results for Once-Weekly TransCon hGH in Turner Syndrome

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Ascendis Pharma (ASND) announced positive Phase 2 results for its once-weekly TransCon hGH in children with Turner syndrome, demonstrating height gains comparable to daily somatropin despite a lower dose. The study also showed a similar safety and tolerability profile, positioning TransCon hGH as a promising once-weekly alternative. An analyst has a Buy rating on ASND with a $273.00 price target, while TipRanks’ AI Analyst, Spark, rates it Neutral due to strong fundamentals offset by balance sheet risks.

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