Karuna clears PhII hur­dle in schiz­o­phre­nia, takes aim at a piv­otal in block­buster hunt — shares soar

When Karuna went pub­lic last year, the biotech cit­ed one small Eli Lil­ly study of their an­ti-psy­chot­ic xanome­line that de­liv­ered a whop­ping 24-point av­er­age …

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