Why NKGen Biotech (NKGN) Stock Is Skyrocketing
Portfolio Pulse from Henry Khederian
NKGen Biotech Inc (NASDAQ:NKGN) shares surged by 25% to $1.17 after announcing the presentation of new SNK01 biomarker data at the Alzheimer’s Association International Conference. The data shows SNK01’s potential in reducing α-synuclein, linked to cognitive decline in Alzheimer’s patients. The presentation will be held on July 30, 2024, with additional details available on NKGen’s website.
July 18, 2024 | 3:06 pm
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NKGen Biotech's stock surged by 25% following the announcement of new SNK01 biomarker data to be presented at the Alzheimer’s Association International Conference. The data indicates SNK01’s potential in reducing α-synuclein, a protein linked to cognitive decline in Alzheimer’s patients.
The announcement of promising new data for SNK01, which shows potential in treating Alzheimer’s, has led to a significant increase in NKGen Biotech's stock price. Investors are optimistic about the potential impact of this data on the company's future prospects.
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