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Cogent Biosciences' drug shows promise in treating mastocytosis, boosting stock by 27%.
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.
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.
The company also highlighted a strong financial position, with $237 million in cash and access to additional funds.
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El fármaco de Cogent Biosciences se muestra prometedor en el tratamiento de la mastocitosis, aumentando el stock en un 27%.