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Friday's After-Hours Gainers: Biotech And Genomics Stocks Show Strength
RTTNews· 2025-12-22 04:20
Core Insights - Several biotechnology and life sciences companies experienced significant gains in after-hours trading, indicating strong investor interest in recent clinical and corporate developments [1] Company Summaries - Kura Oncology, Inc. (KURA) saw its shares rise to $10.57, an increase of 7.42% (+0.73), likely due to positive investor sentiment following the announcement of new data from its KOMET-007 Phase 1a/1b trial, which showed a favorable safety profile and encouraging antileukemic activity for its treatment regimen in acute myeloid leukemia patients [2] - SOPHiA GENETICS SA (SOPH) closed after hours at $4.85, gaining 5.21% (+0.24), with continued investor interest stemming from its collaboration with Complete Genomics to co-market precision oncology testing solutions [3] - Elutia Inc. (ELUT) experienced modest gains, with shares rising to $0.6045, up 3.10% (+0.0182), reflecting steady investor interest in the micro-cap biotech sector [4] - RenovoRx, Inc. (RNXT) added 2.47% (+0.02) to close at $0.9530, with recent news of its abstract submission acceptance for the ASCO Gastrointestinal Cancers Symposium 2026, where it will present findings from its ongoing Phase III trial [5] - Kodiak Sciences Inc. (KOD) posted a notable gain, climbing to $27.41, up 5.42% (+1.41), following the successful closing of a public offering that generated approximately $184 million in gross proceeds [6] - Day One Biopharmaceuticals, Inc. (DAWN) rose to $9.55, gaining 3.35% (+0.31), continuing to attract investor attention focused on oncology innovation [7] - Quantum BioPharma Ltd. (QNTM) advanced to $9.23, up 3.82% (+0.34), following the closing of a non-brokered private placement that raised gross proceeds of $750 [8]
ProPhase Labs Announces Study Validating BE-Smart Esophageal Cancer Test Accepted by Journal of Clinical Gastroenterology and Hepatology
Globenewswire· 2025-10-22 11:30
Core Insights - ProPhase Labs Inc. has achieved a significant milestone with the acceptance of its pivotal clinical study on the BE-Smart™ esophageal cancer test for publication, marking a transition from validation to commercialization [1][2][5] Market Opportunity - The BE-Smart™ assay targets a total addressable market of approximately $7–$14 billion, with around 7 million upper endoscopies performed annually in the U.S. for GERD and Barrett's Esophagus surveillance [2] Clinical Validation - The study provides peer-reviewed clinical evidence supporting BE-Smart, which is an 8-protein, mass spectrometry-based assay developed in collaboration with the Mayo Clinic [3][10] - In a blinded cohort of 100 patients, BE-Smart demonstrated 100% sensitivity in identifying patients who progressed to cancer, with strong predictive accuracy (AUC 0.89–1.0) for near-term disease progression [4][8] Product Features - BE-Smart is designed to deliver objective, molecular risk stratification, allowing gastroenterologists to visualize disease progression through proteomic analysis [9][10] - The assay is compatible with FFPE biopsy tissue and integrates seamlessly with standard pathology workflows, making it suitable for clinical laboratory adoption and scalability [8][10] Strategic Partnerships - ProPhase is advancing regulatory preparations and scaling laboratory efforts in partnership with leading gastroenterology practices, while also pursuing collaborations with key opinion leaders and health-system partners [2][5] Clinical Impact - The BE-Smart assay aims to improve clinical workflow and cost efficiency by escalating care for high-risk patients and avoiding unnecessary procedures for low-risk cases [15]