Anthera Pharma stock rises 7% on safety review board’s go-ahead for late-stage drug trial

Anthera Pharmaceuticals Inc. stock rose 7.3% in pre-market trade Tuesday after the company said an independent expert advisory group gave a positive review of a late-stage clinical trial of its cystic fibrosis drug. The group, the Data and Safety Monitoring Board, said it had “no concerns” with data to date on the phase 3 clinical trial for Sollpura in cystic fibrosis patients with pancreatic insufficiency and voted that the study continue without protocol or charter changes. Shares of Anthera dropped 7.9% over the last three months, compared with a 6.0% rise in the S&P 500 .

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