CymaBay Therapeutics shares are trading higher in reaction to Phase III ELATIVE trial data in in primary biliary cholangitis from competitors Genfit and Ipsen.
Portfolio Pulse from Benzinga Newsdesk
CymaBay Therapeutics shares are trading higher following the release of Phase III ELATIVE trial data from competitors Genfit and Ipsen in primary biliary cholangitis.
June 30, 2023 | 5:36 pm
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CymaBay Therapeutics' stock is trading higher due to Phase III ELATIVE trial data from competitors Genfit and Ipsen.
The rise in CymaBay Therapeutics' stock price is likely due to the release of Phase III ELATIVE trial data from competitors Genfit and Ipsen. This could indicate that investors are optimistic about CymaBay's own prospects in the same field.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100