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Stock impact report

BiomX Stock Gains From Favorable Study Data Presentation on BX004 [Yahoo! Finance]

BiomX Inc. COmmon Stock (PHGE) 
Company Research Source: Yahoo! Finance
BX004 is used for treating cystic fibrosis (CF) patients with chronic pulmonary infections caused by Pseudomonas aeruginosa (PsA). BiomX will present this study data at the North American Cystic Fibrosis Conference in Boston. PHGE Stock's Likely Trend Following the News Shares of PHGE rose 2.8% to $1.05 yesterday following the news. To date, BX004 has been under several trials. It has shown exceptionally positive results in treating patients with CF. The company has already received the FDA's Fast Track and Orphan Drug Designation for BX004 which has significantly boosted investors' sentiment. Given the latest favorable trial data, we expect market sentiment toward PHGE stock to remain positive. Meanwhile, PHGE currently has a market capitalization of $18.9 million. In the last reported quarter, it delivered an earnings surprise of 158.33%. More on BiomX's Phase 1b/2a Study The trial took place in two parts. In part one, the BX004-A cocktail showed a greater reduction in P Show less Read more
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