Why uniQure Stock Is Tanking Today
Shares of the gene therapy company uniQure N.V. (NASDAQ: QURE) are down by a noteworthy 16% as of 12:33 p.m. EST Monday. The biotech's shares are tanking today in response to a clinical hold by the Food and Drug Administration (FDA) on its late-stage hemophilia B gene therapy known as etranacogene dezaparvovec (aka AMT-061).
The hold stems from the submission of a safety report in mid-December over a suspected case of liver cancer in one patient enrolled in the therapy's pivotal trial dubbed "HOPE-B." The patient in question was reportedly dosed in October 2019.
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Source Fool.com