Kyverna Therapeutics shares are trading higher after the company announced KYV-101 received FDA IND clearance for the treatment of patients with treatment-refractory Stiff-Person Syndrome in the KYSA-8 Phase 2 trial.
Portfolio Pulse from Benzinga Newsdesk
Kyverna Therapeutics shares are trading higher after the company announced KYV-101 received FDA IND clearance for the treatment of patients with treatment-refractory Stiff-Person Syndrome in the KYSA-8 Phase 2 trial.
June 20, 2024 | 12:57 pm
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Kyverna Therapeutics' stock is trading higher following FDA IND clearance for KYV-101 in treating Stiff-Person Syndrome in a Phase 2 trial.
The FDA IND clearance for KYV-101 is a significant milestone for Kyverna Therapeutics, indicating regulatory approval to proceed with the Phase 2 trial. This positive development is likely to boost investor confidence and drive the stock price higher in the short term.
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IMPORTANCE 90
RELEVANCE 100