Edgewise Therapeutics Stock Drops After Adverse Drug Trial Reports

Reported about 24 hours ago

Shares of Edgewise Therapeutics plummeted over 20% following the announcement of results from its Phase 2 trial for the drug EDG-7500, aimed at treating Hypertrophic Cardiomyopathy. Although the drug met its main objective, reported side effects, including serious cardiac events in some patients, raised considerable concerns among investors, leading to a surge in shares of competitor Cytokinetics.

Source: YAHOO

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