Relay Therapeutics shares are trading higher after the company announced initial clinical data for RLY-4008 in patients with FGFR2-altered solid tumors.
Portfolio Pulse from Benzinga Newsdesk
Relay Therapeutics announced initial clinical data for RLY-4008 in patients with FGFR2-altered solid tumors, which led to a rise in the company's share prices.
October 12, 2023 | 8:17 pm
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Relay Therapeutics' shares are trading higher after the company announced positive initial clinical data for RLY-4008 in patients with FGFR2-altered solid tumors.
The announcement of positive initial clinical data for a company's product typically leads to an increase in investor confidence, which can drive up the company's share price. This is what happened with Relay Therapeutics after they announced their initial clinical data for RLY-4008.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100