Phathom Pharmaceuticals, Inc. rose 11.41% in intraday trading, with the company reporting its second-quarter 2025 earnings, which beat estimates. The company also announced that its heartburn drug, Vquezna, has received regulatory exclusivity in the FDA Orange Book update, confirming 10 years of exclusivity through May 3, 2032. Additionally, the company appointed Anne Marie Cook as Chief Legal Officer and Corporate Secretary.
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