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GRCE
Benzinga
190 days

Small-Cap Grace Therapeutics Touts Positive Data From Brain Hemorrhage Study

1. GTx-104 trial met primary endpoint, showing clinical benefit over nimodipine. 2. GTx-104 reduced hypotension incidents by 19% in hospitalized aSAH patients. 3. 54% dose intensity for GTx-104 patients was significantly higher than for nimodipine. 4. Grace Therapeutics plans $30 million private placement to fund GTx-104 development. 5. Current GRCE stock price is $3.38, reflecting positive investor sentiment.

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FAQ

Why Bullish?

Successful trial results and upcoming drug application can enhance GRCE's market value, similar to past biotech approvals boosting stocks significantly.

How important is it?

The article discusses critical trial results and funding for a potentially market-altering treatment.

Why Long Term?

The positive trial results and drug application create sustainable growth prospects for GRCE over time.

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