** Drug developer's shares AMPE.A rise ~12% to $1.61
** Co reports positive results from late-stage study testing
intra-articular injection of Ampion in adults with pain due to
severe osteoarthritis of the knee (OAK) urn:newsml:reuters.com:*:nPn3pl8Bpa
** Ampion demonstrated statistically significant reduction
in pain and improvement in function at 12 weeks in patients
** OAK is a degenerative joint disease of the knee. It is
typically the result of wear and tear and progressive loss of
articular cartilage
** AMPE plans to meet with U.S. FDA to discuss the results
and its drug approval application
(Reporting by Mrinalika Roy in Bengaluru)
((mrinalika.roy@thomsonreuters.com; within U.S. +1 646 223
8780, outside U.S. +91 806749 8325;))