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Stock impact report

Kodiak Sciences (KOD) CLimbs 75% on Stellar Clinical Results [Yahoo! Finance]

Kodiak Sciences Inc (KOD) 
Last kodiak sciences inc earnings: 11/12 05:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Kodiak Sciences soared by 74.77 percent on Thursday to finish at $39.76 apiece, as investors took heart from the strong results of its clinical study for its diabetic retinopathy treatment. In an updated report, Kodiak Sciences Inc. (NASDAQ:KOD) said that 62.5 percent of the enrolled patients in the GLOW clinical trial achieved a more than 2-step improvement in diabetic retinopathy severity score for those who took Zenkuda, as compared with 3.3 percent of the sham group. Photo by Nataliya Vaitkevich on Pexels The patients were randomized to receive either a sham injection or Zenkuda via intravitreal injection at progressively extended intervals. Zenkuda also showed an 85-percent risk reduction in sight-threatening complications. The drug candidate also demonstrated favorable safety and was well tolerated in the study, with a 0 percent intraocular inflammation rate and a 2.3 percent cataract adverse event rate, versus 1.6 percent with sham. "We are very pleased to see that G Show less Read more
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