Passage Bio shares are trading higher after the company announced preclinical and interim clinical data at ESGCT.
Portfolio Pulse from Benzinga Newsdesk
Passage Bio shares have risen following the announcement of positive preclinical and interim clinical data at the ESGCT conference.
October 24, 2024 | 6:01 pm
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POSITIVE IMPACT
Passage Bio's stock price increased due to the release of positive preclinical and interim clinical data at the ESGCT conference.
The announcement of positive clinical data is a significant driver for biotech stocks, as it indicates potential future success in drug development. This news likely increased investor confidence, leading to a rise in Passage Bio's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100