James Dentzer, Curis CEO

FDA lifts par­tial hold on Curis' lym­phoma study — shares spike

Four months af­ter the FDA put two clin­i­cal tri­als from Curis on clin­i­cal hold, the FDA is now ap­par­ent­ly con­tent with how the biotech will change up man­ag­ing one of the stud­ies.

The Mass­a­chu­setts on­col­o­gy biotech put out word ear­ly Thurs­day that the fed­er­al reg­u­la­tor lift­ed a par­tial clin­i­cal hold of the com­pa­ny’s Phase I/II study of emavusert­ib in lym­phoma, fol­low­ing a new da­ta pack­age that the biotech re­cent­ly sub­mit­ted to the agency. Shares of the biotech $CRIS, hov­er­ing just above pen­ny stock ter­ri­to­ry, shot up more than 55% in ear­ly trad­ing be­fore set­tling at close to a 30% share price boost.

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