EFFECTOR Therapeutics shares are trading lower. The company announced topline results from the primary analysis of the randomized Phase 2 KICKSTART trial of tomivosertib combined with pembrolizumab in non-small cell lung cancer.
Portfolio Pulse from Benzinga Newsdesk
EFFECTOR Therapeutics announced the primary analysis results of the Phase 2 KICKSTART trial of tomivosertib combined with pembrolizumab in non-small cell lung cancer, leading to a decrease in their share prices.
April 04, 2024 | 1:17 pm
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NEGATIVE IMPACT
EFFECTOR Therapeutics shares are trading lower following the announcement of the Phase 2 KICKSTART trial results for tomivosertib combined with pembrolizumab in treating non-small cell lung cancer.
The announcement of the trial results is directly related to EFFECTOR Therapeutics' core business and product pipeline. Negative or less-than-expected trial results can lead to decreased investor confidence and a drop in share prices, as it may impact the company's future revenue and growth prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100