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via finance.yahoo.comBusiness & Companies

Argenx scraps autoimmune drug trial, stock sinks

FROM THE WIRE · FINANCE.YAHOO.COM

Argenx says it discontinued a late-stage clinical trial in patients with Sjögren’s disease at the recommendation of an independent committee. Continue Reading

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishArgenx discontinued a late-stage clinical trial for Sjögren's disease on independent committee recommendation, a material setback for the company's pipeline.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Argenx discontinued a late-stage clinical trial in Sjögren's disease patients.
  2. 02The decision was made on recommendation of an independent committee.
  3. 03The stock experienced a significant selloff following the announcement.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
argenx SEARGXStock820.99 USD-0.44%today -11.57%Negative Novartis AGNVSStock143.22 USD+0.31%today -0.05%Neutral UBS Group AGUBSStock47.13 USD+0.18%today -0.60%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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