Curis escalates 448?ter motivating stage 1 information for leukemia treatment (CRIS) thumbnail

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Small-cap biotechnology company Curis surged as much as 448%on Tuesday after the business released encouraging stage I information for its leukemia treatment, CA-4948
The company said it observed a Marrow total response in 2 patients, along with a decrease of marrow blasts observed in all evaluable clients in the research study.
The company expects to report extra stage I data of the study in the 2nd half of2021
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Curis, Inc. staged an eye-popping rally on Tuesday after it released favorable initial data connected to its phase one trial of CA-4948, a little particle inhibitor that is being checked in clients with acute myeloid leukemia.
Curis shares jumped as much as 448%in Tuesday trades to $7. The stock closed at $1.
The positive initial data from the phase one trial included marrow blast reductions observed in all evaluable patients, in addition to two clients experiencing a marrow complete response, according to the company.
Dr. Guillermo Garcia-Manero of The University of Texas MD Anderson Cancer Center stated, “These initial information recommend, for the very first time in a scientific setting, that effectively targeting the long isoform of IRAK4 … could be the first significant advancement in over a years for patients with these diseases.”.
Curis will continue to advance the study of CA-4948 and expects to report additional phase one data in the second half of 2021..
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