X4 Pharmaceuticals shares are trading lower. The company announced clinical data from its ongoing Phase 2 clinical trial evaluating the safety and efficacy of mavorixafor for the treatment of people with chronic neutropenia.
Portfolio Pulse from Benzinga Newsdesk
X4 Pharmaceuticals shares are trading lower following the announcement of clinical data from its ongoing Phase 2 trial evaluating mavorixafor for chronic neutropenia treatment.
June 27, 2024 | 12:58 pm
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X4 Pharmaceuticals shares are trading lower after the company announced clinical data from its Phase 2 trial of mavorixafor for chronic neutropenia treatment.
The release of clinical data from ongoing trials can significantly impact biotech stocks. In this case, the market's negative reaction suggests that the data may not have met investor expectations, leading to a drop in X4 Pharmaceuticals' share price.
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