PHAR PDUFA decision: a positive outcome, +32.7%

On March 24, 2023, Pharming Group N.V. reached its PDUFA decision. The result was a positive outcome, and the stock moved +32.7% in the window around the event. It had already run -16.0% in the 30 days into the catalyst — the kind of pre-event run-up that often precedes binary readouts.