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Why Dyne Therapeutics Stock Was Blasting Higher Today


Dyne Therapeutics (NASDAQ: DYN) was hardly having a bad case of the Mondays. Shares of the clinical-stage biotech were racing more than 9% higher in mid-session action, as the company delivered rather encouraging news about one of its investigational drugs.

Before market open, Dyne announced that its zeleciment rostudirsen -- a treatment targeting the genetic disorder Duchenne muscular dystrophy (DMD) -- had achieved its primary endpoint in a phase 1/2 clinical trial involving 86 patients. It also met its secondary endpoints.

Image source: Getty Images.

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Source Fool.com

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