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Silexion Therapeutics Stock Surges 52% On Catalent Collaboration For Cancer Therapy

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Silexion Therapeutics Corp. (SLXN) surged 52.40 percent to $1.08, adding $0.37 during Wednesday's trading, after announcing a strategic collaboration with Catalent to support development and manufacturing of its siRNA candidate SIL204 for KRAS-driven cancers.

Shares opened at $0.7589 and have traded between $0.7589 and $1.29 today, compared to the previous close of $0.7156. Volume has soared to 63.65 million shares, far surpassing the average of 13.62 million.

SLXN is now trading well above its 52-week low of $0.2070, though still far from its high of $13.5580.

The partnership focuses on systemic and intratumoral delivery formulations, reinforcing Silexion's dual-route strategy and building on promising preclinical results.

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