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Benzinga
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EnGene Encouraged By Promising Response Rates In Bladder Cancer Trial

1. ENGN stock rose 64.73% to $9.90 on high trading volume. 2. Preliminary data shows 63% complete response rate in bladder cancer trial. 3. Company surpassed patient enrollment target by 25% for LEGEND trial. 4. BLA filing expected in late 2026, with potential FDA approval in 2027. 5. CEO expresses optimism regarding commercial potential of detalimogene.

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FAQ

Why Bullish?

The significant rise in stock price indicates positive investor sentiment. Historically, positive trial results lead to similar stock performance boosts.

How important is it?

Positive trial results and expected FDA filing significantly enhance market outlook for ENGN.

Why Long Term?

The stock is likely to remain positively impacted until FDA approval, expected in 2027. Successful trials can sustain momentum leading up to approval.

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