CLDX Stock Down Despite Upbeat Long-Term Data From Urticaria Study
Celldex Therapeutics(CLDX) ZACKS·2024-09-26 23:30
Shares of Celldex Therapeutics (CLDX) lost 12.1% on Wednesday due to unsatisfactory 52-week safety data from a mid-stage study of its investigational candidate, barzolvolimab, which is being developed for treating chronic spontaneous urticaria (CSU).CSU is a type of skin disease, characterized by the sudden appearance of hives (raised, itchy welts) without an identifiable trigger. The exact cause is often unknown, but it can be linked to immune system dysfunction, where the body mistakenly triggers allergic ...