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The promising data from the Phase 1/2 study indicates potential market confidence. Historical trends suggest strong responses to positive clinical data can boost stock prices significantly.
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Monte Rosa shared positive interim findings for MRT-2359 in prostate cancer. The study achieved a 100% disease control rate in AR-mutant patients. Next phase study planned to assess efficacy of MRT-2359 with additional inhibitors. Safety profile noted as favorable, primarily mild to moderate adverse effects. GLUE’s stock rose 11.43% following the positive data release.
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