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Stock impact report

Hot Picks: Cancer-focused biotech firms gain attention as key clinical results near [BNN Bloomberg (Canada)]

Revolution Medicines, Inc. (RVMD) 
Company Research Source: BNN Bloomberg
BNN Bloomberg spoke with Robert Driscoll, senior vice-president of equity research at Wedbush, about why he sees potential upside in Revolution Medicines, Monte Rosa Therapeutics and Kura Oncology. Key Takeaways Revolution Medicines is advancing therapies for RAS-mutated cancers, with key data next year that could support regulatory filings. The company has shown promising results in pancreatic and lung cancers and holds a priority review voucher to speed potential approvals. Monte Rosa Therapeutics is developing molecular glue drugs with prostate cancer data due shortly and a Novartis partnership in autoimmune disease. Kura Oncology recently won FDA approval for KOMZIFTI in late-line AML, with earlier-line data due at December's major hematology meeting. All three companies have multiple clinical or regulatory catalysts that could shift investor sentiment over the next year. Read the full transcript below: ANDREW: Our guest covers the biotech industry, and that's the Show less Read more
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