Coya Therapeutics shares are trading lower. The company announced results from the placebo-controlled Phase 2 clinical trial of LD IL-2 in patients with mild to moderate Alzheimer's Disease.
Portfolio Pulse from Benzinga Newsdesk
Coya Therapeutics shares are trading lower following the announcement of results from a Phase 2 clinical trial of LD IL-2 in Alzheimer's patients.
October 29, 2024 | 2:28 pm
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NEGATIVE IMPACT
Coya Therapeutics shares are experiencing a decline after the company released results from a Phase 2 clinical trial of LD IL-2 in Alzheimer's patients.
The decline in Coya Therapeutics' stock price is likely due to investor reaction to the Phase 2 trial results. The market often reacts negatively to clinical trial results if they do not meet expectations or if there is uncertainty about the drug's future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100