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RGLS
Benzinga
145 days

Regulus Therapeutics Stock Shoots Higher After Positive Results From Investigational Drug For Rare Type Of Kidney Disease

1. RGLS reported positive Phase 1b MAD study results for farabursen in ADPKD. 2. In the fourth cohort, urinary PC1 and PC2 levels significantly improved. 3. Farabursen group showed minimal htTKV growth while placebo group surged. 4. Overall safety and tolerability of farabursen remained favorable. 5. RGLS stock surged 51.94% following the announcement.

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FAQ

Why Bullish?

The significant reduction in htTKV growth indicates farabursen's potential efficacy. Historically, positive trial results often lead to price appreciation, as seen with other biotech advancements.

How important is it?

The positive study outcomes and subsequent rise in stock price demonstrate significant market interest and potential growth.

Why Short Term?

The immediate positive data from the study can influence investor sentiment quickly. Following similar announcements in biotech, stocks generally react promptly.

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