Mersana Therapeutics Announces UPLIFT Clinical Trial Of Upifitamab Rilsodotin Did Not Meet Primary Endpoint
Portfolio Pulse from Bill Haddad
Mersana Therapeutics announced that its UPLIFT clinical trial of Upifitamab Rilsodotin did not meet its primary endpoint.
July 27, 2023 | 11:11 am
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NEGATIVE IMPACT
Mersana Therapeutics' UPLIFT clinical trial of Upifitamab Rilsodotin did not meet its primary endpoint, which could negatively impact the company's stock.
Clinical trials are a significant part of a biotech company's valuation. Failure to meet primary endpoints often leads to a decrease in stock value as it may imply the product is less likely to reach the market. Therefore, this news could negatively impact MRSAN's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100