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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Caribou Biosciences Inc | NASDAQ:CRBU | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.14 | -7.95% | 1.62 | 1.62 | 1.63 | 1.79 | 1.615 | 1.77 | 1,566,592 | 20:53:24 |
By Ben Glickman
Shares of Caribou Biosciences rose after the company's lymphoma trial design was approved by the Food and Drug Administration.
The stock was up 4.1% to $5.88 in after-hours trading following a 1.9% drop at Tuesday's close. Shares are down 10% this year.
The Berkeley, Calif.-based gene-editing pharmaceutical company said it had received feedback from the FDA on its Phase 3 trial for CB-010, a treatment for large B cell lymphoma.
The company plans to initiate its Phase 3 trial by the end of 2024.
The trial design includes platinum-based immunochemotherapy, followed by high-dose chemotherapy and autologous stem cell transplantation.
Chief Executive Rachel Haurwitz said the FDA feedback was "an important step in advancing our lead therapy."
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
December 12, 2023 18:11 ET (23:11 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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