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flag MAIA Biotechnology beat earnings expectations but saw stock fall; its lead cancer drug is in Phase II trials.

flag MAIA Biotechnology, a cancer therapy-focused biotech firm, reported quarterly earnings of ($0.11) per share, beating analysts' expectations of ($0.32). flag Despite this, its stock price fell to about $2.20. flag MAIA's lead product, THIO, is in Phase II trials for non-small cell lung cancer. flag The company's director recently bought shares, increasing insider ownership to 36.98% of the company's stock.

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