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MAIA Biotechnology beat earnings expectations but saw stock fall; its lead cancer drug is in Phase II trials.
MAIA Biotechnology, a cancer therapy-focused biotech firm, reported quarterly earnings of ($0.11) per share, beating analysts' expectations of ($0.32).
Despite this, its stock price fell to about $2.20.
MAIA's lead product, THIO, is in Phase II trials for non-small cell lung cancer.
The company's director recently bought shares, increasing insider ownership to 36.98% of the company's stock.
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MAIA Biotechnology superó las expectativas de ganancias, pero vio caer el stock; su medicamento principal para el cáncer está en ensayos de Fase II.