Cantor Fitzgerald notes that the firm discovered “what appears” to be an “accidental release” of a snippet on the ASCO-GU daily news website highlighting data on mevrometostat data in prostate cancer. This news item is set to be published on February 13, on the day of the mevrometostat late breaker abstract release, notes the analyst, who says that while there is no progression free survival data in the image, the high-level news commentary “sounds very positive” for mevrometostat and Oric Pharmaceuticals (ORIC). The firm has an Overweight rating on Oric shares, which are up $1.00, or 8%, to $13.25 in morning trading.
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