Kad­mon wax­es rhap­sod­ic on cGVHD re­sults as race with Jakafi heats up

A year ago, Kad­mon piqued cau­tious in­ter­est and sent its stock up 20% when it an­nounced pos­i­tive re­sults from a tiny proof-of-con­cept study on a new, chron­ic graft-ver­sus-host-dis­ease treat­ment. Now in­ter­im re­sults are out on the piv­otal, and not just the biotech’s ex­ec­u­tives are gush­ing about it.

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