Change is in the air. A new President-elect and the possibility of an end to the pandemic. Some things, however, will always stay the same.Like small cap biotech stocks skyrocketing following the announcement of positive clinical trial results. Case in point: Five Prime Therapeutics (FPRX) shares took off in Wednesday’s trading as much as 349%, after the company disclosed that bemarituzumab, its stomach cancer drug candidate, beat the placebo in a midstage trial.Specifically, in the Phase 2 study (FIGHT) assessing a blend of bemarituzumab and chemo regimen mFOLFOX6 in patients with fibroblast growth factor receptor 2b-positive (FGFR2b+), non HER2-positive (non …read more
Source:: Yahoo Finance
