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-0.00111731843575417 -0.00139664804469286 -0.000698324022346527 -0.00132681564245808 0.00434706703910616 0.00733240223463675 0.0205307262569832 -0.0041201117318436
Stock impact report

Erasca shares sink after patient death in early-stage cancer drug trial [Yahoo! Finance Canada]

Revolution Medicines, Inc. (RVMD) 
its experimental cancer drug, ?even though analysts said the incident was unlikely to signal a broader safety ?issue. The San Diego-based company said a 66-year-old pancreatic cancer patient who had received its experimental drug, ERAS-0015, developed severe lung inflammation, known as pneumonitis, about a month after starting the treatment. The patient was treated ?aggressively with high-dose steroids and ?other medications, but later chose to withdraw supportive care and died. The company said it does not ?expect the event to be a broader concern. J.P. Morgan analyst Anupam Rama said it was "more of a one-off case versus a clear drug-related ?concern," noting ?the patient had pulmonary tumors ?and a history of a ?prior lung procedure. Analysts at Clear Street gave a similar opinion, saying the patient had withdrawn care before resolution. It also said the "management does not expect pneumonitis frequency to rise meaningfully with broader use." Even so, Evercore ISI analyst Show less Read more
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