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Stock impact report

Elicio Therapeutics: Running On Fumes, But A Definitive Readout Appears Imminent [Seeking Alpha]

Elicio Therapeutics, Inc. (ELTX) 
Company Research Source: Seeking Alpha
Earlier signals of efficacy of their phase 2 trial have shown biological correlation that suggests activity, but we still need to see outcomes of treatment. The company is heavily reliant on a positive read out in order to raise funds for further development. The potential upside here outweighs the admittedly huge downside risk, though. Mariia Vitkovska/iStock via Getty Images Topline Summary Elicio Therapeutics ( ELTX ) is a company I've been hearing about for half a decade, given their initial encouraging progress in the development of a vaccine directed against KRAS, which is a particularly important This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relati Show less Read more
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