Cancer-Focused Phio Pharmaceuticals Stock Gains 300% On Monday - Here's Why
The significant stock increase and positive clinical results indicate strong market confidence in PHIO.
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The significant stock increase and positive clinical results indicate strong market confidence in PHIO.
What happened, with direct paths to the underlying reporting
PHIO stock soared 378.7% with high trading volume of 201.04 million. Complete response achieved in 2 patients with 100% tumor clearance. Phase 1b study shows no significant adverse events for PH-762. Preclinical studies support PH-762's tumor growth inhibition and safety. PH-762 enhances T cell response in tumor microenvironment.
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