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Stock impact report

Why Sangamo Therapeutics and bluebird bio Slipped Lower Today [The Motley Fool]

Sangamo Therapeutics, Inc. (SGMO) 
Last sangamo therapeutics, inc. earnings: 2/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.sangamo.com
Company Research Source: The Motley Fool
Data from a competitor puts pressure on both biotechs' sickle cell programs Brian Orelli ( TMFBiologyFool ) Jun 27, 2018 at 6:11PM What happened Sangamo Therapeutics ( NASDAQ:SGMO ) closed down 10.5% while bluebird bio ( NASDAQ:BLUE ) slipped 4.8% after competitor Global Blood Therapeutics ( NASDAQ:GBT ) reported positive data for its sickle cell disease drug, voxelotor. So what In the part A of Global Blood's phase 3 study, 58% of patients taking the higher dose of voxelotor reached the pre-defined goal of a 1 g/dL increase in hemoglobin, while 38% of the patients taking the lower dose reached the goal, compared to just 9% of patients taking placebo. But that's not even the worse news for Sangamo and Bluebird. The data for the higher dose was so good -- Global Blood was shooting for a 35% response rate -- that the company i Show less Read more
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