Tempest Therapeutics shares are trading lower. The company announced data from the ongoing global randomized Phase 1b/2 clinical study for amezalpat2.
Portfolio Pulse from Benzinga Newsdesk
Tempest Therapeutics shares are trading lower following the announcement of data from the ongoing global randomized Phase 1b/2 clinical study for amezalpat2.
June 20, 2024 | 5:32 pm
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NEGATIVE IMPACT
Tempest Therapeutics shares are experiencing a decline after the company released data from its ongoing global randomized Phase 1b/2 clinical study for amezalpat2.
The release of clinical trial data often has a significant impact on biotech stocks. In this case, the market reaction is negative, indicating that the data may not have met investor expectations or raised concerns about the drug's efficacy or safety.
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