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flag Cogent Biosciences' drug shows promise in treating mastocytosis, boosting stock by 27%.

flag Cogent Biosciences reported successful results from a clinical trial of bezuclastinib for treating non-advanced systemic mastocytosis, showing significant improvements in symptoms and disease markers. flag The trial's positive outcomes led to a 27% increase in Cogent's stock and plans to submit the drug for FDA approval by year-end. flag The company also highlighted a strong financial position, with $237 million in cash and access to additional funds.

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