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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Foghorn Therapeutics Inc | NASDAQ:FHTX | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.49 | 8.89% | 6.00 | 5.85 | 6.00 | 6.03 | 5.61 | 5.61 | 188,804 | 23:13:41 |
By Colin Kellaher
Foghorn Therapeutics shares rose sharply in premarket trading Monday after the clinical-stage biotechnology company said the U.S. Food and Drug Administration has lifted a clinical hold on a study of its FHD-286.
The Cambridge, Mass., company said it expects to launch a Phase 1 study of FHD-286 in the third quarter.
Foghorn last August said the FDA had placed a full clinical hold on the Phase 1 monotherapy dose escalation study of FHD-286 in acute myelogenous leukemia and myelodysplastic syndrome due to suspected cases of fatal differentiation syndrome believed to be associated with FHD-286 treatment.
The company said it has amended the trial protocol, and that it now plans to study FHD-286 in combination with decitabine or cytarabine in relapsed and/or refractory acute myelogenous leukemia patients .
Foghorn shares, which closed Friday at $7.10, were recently up more than 18% to $8.40 in premarket trading.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 05, 2023 07:52 ET (11:52 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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