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uniQure Stock Doubles On Promising Data From Huntington's Disease Trial

1. uniQure's AMT-130 shows significant efficacy in Huntington's disease treatment. 2. Study met primary endpoint with 75% slower disease progression (p=0.003). 3. Company raised $175 million to support AMT-130's commercial launch. 4. Shares surged 189.82% to $39.59, a new 52-week high. 5. AMT-130 showed a good safety profile with manageable adverse events.

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FAQ

Why Very Bullish?

The significant positive trial results and funding bolster investor confidence. Historical examples include similar biotech successes post-clinical trials leading to stock surges.

How important is it?

Positive clinical outcomes and financial backing heighten market optimism and attract investment.

Why Long Term?

The efficacy and potential commercial launch indicate sustained positive momentum, similar to earlier gene therapy successes in the market.

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