Krystal shares soar on topical gene therapy breakthrough
Positive Phase II results on the first topical gene therapy sent a US biotech company’s share price up by 27% in Monday morning’s trading.
Krystal Biotech (Nasdaq: KRYS) announced the results from a study of KB103 in dystrophic epidermolysis bullosa (DEB), a rare genetic skin disease.
Data show that five out of six wounds treated with KB103 closed 100% during the study and that wound closure from the original Phase I GEM-1 trial patients was durable.
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