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Corvus Pharmaceuticals reports positive interim results for atopic dermatitis drug, yet stock drops 28%.
Corvus Pharmaceuticals announced interim data from a Phase 1 clinical trial for soquelitinib, showing positive safety and efficacy in treating atopic dermatitis.
The trial included 12 patients on the drug and 4 on a placebo.
Despite receiving $12.7 million from Samlyn Capital, Corvus' stock fell 28.42% in pre-market trading.
The company will provide a full overview of the data on December 18.
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Corvus Pharmaceuticals reporta resultados provisionales positivos para el fármaco dermatitis atópica, sin embargo, el stock baja un 28%.