Kazia craters on paxalisib trial update
Oncology-focused Australian drug development company Kazia Therapeutics (Nasdaq: KZIA) lost more than 50% of its stock market value on Monday.
This followed the company’s update on the GBM AGILE pivotal study, a global adaptive clinical trial platform designed to evaluate multiple therapies for glioblastoma, to which paxalisib commenced enrolment in January 2021.
"Does not allow us to draw any meaningful inferences about the outcomes of the study"
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