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0.00123578843302037 0.00135936727632229 0.000988630746416192 -0.00543746910528915 -0.00210084033613447 -0.00519031141868514 -0.00519031141868514 -0.00519031141868514
Stock impact report

Edgewise Therapeutics Stock Plummets on Drug Trial 'Adverse Events' [Yahoo! Finance]

Cytokinetics, Incorporated (CYTK) 
Last cytokinetics, incorporated earnings: 3/3 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.cytokinetics.com/investor-overview
Company Research Source: Yahoo! Finance
The drug accomplished its main goal, but side effects reported by some patients raised concerns. Shares of Cytokinetics, one of Edgewise's competitors, surged in response. Edgewise Therapeutics ( EWTX ) shares tumbled more than 20% Wednesday after the developmental drug company issued the results of its latest clinical trial. The company released the results of a Phase 2 trial for EDG-7500, a drug to treat Hypertrophic Cardiomyopathy (HCM), a condition that involves thickened heart muscles, which can make it more difficult for the heart to pump blood effectively. Edgewise said the drug largely accomplished its goal of reducing left ventricular outflow tract gradient (LVOT-G)--a metric that measures how difficult it is for the heart to pump blood--"without meaningful changes in left ventricular ejection fraction (LVEF)." However, the drug's side effects have overshadowed the positive results. The most common side effects were dizziness and an infection in the upper respirato Show less Read more
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