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Caribou Biosciences Shares Double on Promising Multiple Myeloma Therapy Results
Caribou Biosciences Inc.s stock price doubled after reporting impressive Phase 1 results for its CB-011 therapy in treating relapsed or refractory multiple myeloma, showcasing its potential in addressing this aggressive disease.
- Caribou Biosciences Inc. announced a 92% overall response rate in a cohort study of 12 patients with relapsed or refractory multiple myeloma receiving the CB-011 therapy.
- The promising Phase 1 results for the CB-011 therapy also revealed a 75% complete response rate or better, meeting crucial clinical endpoints.
- Shares of Caribou Biosciences Inc. surged 100% following the release of data from the ongoing CaMMouflage Phase 1 trial, highlighting investor confidence in new treatments for this disease.
Por Qué Es Relevante
The successful results of CB-011 in treating relapsed or refractory multiple myeloma could represent a breakthrough in therapy options for patients facing limited treatment alternatives, underscoring the growing impact of CRISPR technology in medicine.