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Economy And The Numbers

Elicio Therapeutics Plunges 73% After Phase 2 Pancreatic Cancer Trial Misses Primary Endpoint

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

Shares of Elicio Therapeutics, Inc. (ELTX) tumbled 72% on Monday morning after the company reported that its Phase 2 AMPLIFY-7P study of ELI-002 7P in pancreatic cancer failed to meet its primary endpoint.

The stock is currently trading at $4.06, down $10.79 or 72.66%, on the Nasdaq. It opened at $4.79 after closing the previous session at $14.85. The stock has traded between $3.75 and $16.00 over the past 52 weeks.

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