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Home›Earnings›Previews›Definium Therapeutics shares jump on second Phase 3 win

Definium Therapeutics shares jump on second Phase 3 win

Yahoo Finance says Definium Therapeutics disclosed a second positive Phase 3 study for its LSD-based drug, driving the stock higher.

Definium Therapeutics (DFTX) unveiled the second of two positive Phase 3 studies for its LSD-based drug, a development that lifted the biotech stock, Yahoo Finance reports.

The article describes the move as a fresh validation of the company’s late-stage clinical progress, with the shares soaring following the new Phase 3 disclosure.

Yahoo Finance’s piece frames the jump as part of the stock’s reaction to the latest Phase 3 update, noting the drug received a second positive result among the two studies.

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