By Nicholas G. Miller
Shares of Cogent Biosciences soared after the company reported positive trial data for its treatment of Gastrointestinal Stromal Tumors that surpassed its expectations.
The stock more than doubled in premarket trading to $30.97 Monday after closing Friday up 90% this year.
In a phase three trial, the company's treatment combining bezuclastinib with sunitinib showed 16.5 months median progression free survival compared to 9.2 months for sunitinib monotherapy. The safety profile was also well tolerated.
"The bezuclastinib combination is poised to become the new standard of care for treatment of second-line GIST patients," said Cogent Chief Executive Andrew Robbins.
The company said it planned to submit a new drug application for bezuclastinib in the first half of next year.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
November 10, 2025 09:08 ET (14:08 GMT)
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