Kezar slumps as top-line results from zetomipzomib trial disappoint
Shares of clinical-stage drug developer Kezar Life Sciences (Nasdaq: KZR) plunged more than 24% to $9.35 in after-hours trading on Tuesday as the company announced mixed top-line results from the PRESIDIO Phase II clinical trial of zetomipzomib (formerly KZR-616) in patients with dermatomyositis (DM) and polymyositis (PM).
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