Bio-Path Holding shares are trading lower. The company announced an update from it's ongoing Phase 1/1b clinical trial of BP1001-A in solid tumor patients and reports continued patient progress from the ongoing Phase 2 triple combination study of prexigebersen in Acute Myeloid Leukemia.
Portfolio Pulse from Benzinga Newsdesk
Bio-Path Holdings shares are trading lower following updates on their clinical trials. The company reported progress in its Phase 1/1b trial of BP1001-A for solid tumors and its Phase 2 study of prexigebersen for Acute Myeloid Leukemia.
August 21, 2024 | 3:39 pm
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Bio-Path Holdings shares are declining after the company provided updates on its clinical trials. The Phase 1/1b trial of BP1001-A in solid tumors and the Phase 2 study of prexigebersen in Acute Myeloid Leukemia are ongoing, with reported patient progress.
The decline in Bio-Path Holdings' stock price is likely due to investor reaction to the clinical trial updates. While progress is reported, the market may have expected more significant results or milestones. The ongoing nature of the trials suggests uncertainty, impacting short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100