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Mural Oncology reports quarterly loss, yet its stock rises amid focus on cancer immunotherapy.
Mural Oncology, a cancer drug developer, reported a quarterly loss of $2.01 per share, slightly missing analyst expectations.
Despite the earnings miss, the company's stock rose to $3.80 during trading.
Mural Oncology, with a market cap of $64.68 million, is focused on immunotherapy treatments, including its lead product candidate, nemvaleukin alfa, for melanoma and ovarian cancer.
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Mural Oncology reporta pérdida trimestral, sin embargo, su stock aumenta en medio del foco en la inmunoterapia del cáncer.