Kitov up 60% on encouraging NT219 data [Seeking Alpha]
KITOV PHARAMCEUTICALS HOLDINGS LTD AMERICAN DEPOS (KTOV)
US:NASDAQ Investor Relations:
kitovpharma.com
Company Research
Source: Seeking Alpha
Kitov up 60% on encouraging NT219 dataThinly traded nano cap Kitov Pharma (KTOV+59.6%) is up on a healthy 36x surge in volume in response to encouragingpreclinical data on cancer candidate NT219, a novel small molecule cancer drug that fights cancer by activating the "OFF" switch in major oncogenic pathways.Collaborators at Hebrew University showed that NT219 binds directly to two known modulators of tumor survival, metastasis and drug resistance. The data also showed that short exposure of cancer cells to NT219 triggered irreversible shutdown of these pathways, producing a long-term anti-cancer effect.See all stocks on the move »Now read:Dr. Reddy's Laboratories (RDY) To Present At 37th Annual J.P. Morgan Healthcare Conference - Slideshow »Subscribefor full text news in your inbox
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