Calliditas Therapeutics Announces Supportive Interim Data From Phase 2 Head And Neck Cancer Trial With Lead NOX Inhibitor Candidate, Setanaxib
Portfolio Pulse from Benzinga Newsdesk
Calliditas Therapeutics has announced supportive interim data from its Phase 2 trial for head and neck cancer with its lead NOX inhibitor candidate, Setanaxib.
July 13, 2023 | 6:31 am
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POSITIVE IMPACT
Calliditas Therapeutics' positive interim data from its Phase 2 trial could potentially boost investor confidence and the company's stock price.
Positive clinical trial results often lead to increased investor confidence, which can drive up a company's stock price. Given that this is a Phase 2 trial, it indicates that the drug is showing promise, which could potentially lead to future revenue for the company if the drug is eventually approved.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100