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Incyte Corp. (INCY) Weakened After Patient Contracted PML

Incyte Corp. (INCY) disclosed Monday morning that it was informed last week of a case of progressive multifocal leukoencephalopathy in a 75 year old male patient from the United Kingdom with myelofibrosis treated with ruxolitinib.

Incyte gapped open sharply lower Monday, but recovered some ground in early trade, before settling into a range. The stock closed down by 1.05 at $23.79, with volume at a 7-month high.

by RTTNews Staff Writer

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