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The strong efficacy data from CRBU's trials significantly boosts investor confidence. Historical examples show similar results drive stock prices up drastically, e.g., CAR-T therapies in the past.
What happened, with direct paths to the underlying reporting
CRBU stock surged 17.56% after positive trial results. 64% of patients had complete response from CAR-T therapy. Overall response rate in the trial was 82%. FDA recommended a pivotal phase 3 trial for vispa-cel. CB-011 shows promising results for multiple myeloma treatments.
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