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Positive efficacy signal for CARDAMYST could lift stock on near-term sentiment, especially if data is corroborated by larger trials; historical analogs include early release efficacy data driving short-term spikes in biotech names with late-stage potential.
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Milestone Pharmaceuticals reported CARDAMYST data showing roughly two-thirds of recurrent PSVT patients returned to normal rhythm within 30 minutes after ablation. If validated in larger trials, the results could spur regulatory discussions and broaden CARDAMYST's addressable PSVT market, providing near-term upside for MIST.
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