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0.000189085958476767 -7.56343833910505E-06 -7.56343833906206E-05 -0.00132360170933715 -0.00249593465189284 -0.00168286503044281 0.00124796732594632 0.000113451575085931
Stock impact report

Janux dives as gaps in prostate cancer study data worry investors [Yahoo! Finance Canada]

Novartis AG (NVS) 
Last novartis ag earnings: 4/28 01:00 am Check Earnings Report
US:NYSE Investor Relations: novartis.com/investors
The lead ?candidate, JANX007, is being developed to treat metastatic castration-resistant prostate cancer, a form that ?progresses despite the standard approach of maintaining very low testosterone levels. The drug developer said patients who received the drug achieved up to nine months without their cancer worsening, and eight out of 27 evaluable patients saw their tumors shrink, according to updated interim data ?from the early-stage study ?reported late on Monday. While analysts said the selloff was overdone, they noted that limited data disclosure and lack of clarity on key ?timelines could influence investor sentiment. Shares of the drug developer were down 49.9% at $17.04, on track for its biggest single-day drop on record if losses hold. The new release ?addresses key questions but "leaves several variables and gaps to be filled,"? said Cantor analyst Josh Schimmer, adding that timelines for the next clinical or regulatory updates remain unclear. The experimental imm Show less Read more
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