Proteostasis Therapeutics stock skyrockets on positive trial results

Clinical stage biopharma company Proteostasis Therapeutics (PTI) announced positive preliminary results from a Phase 1 study for the treatment of cystic fibrosis (CF) patients. Shares of Proteostasis jumped more than 350% with a huge trading volume and reached a new 18-month high of $9.07 during Thursday’s mid-day trading. Proteostasis Therapeutics is developing a new triple-combination … Continue reading Proteostasis Therapeutics stock skyrockets on positive trial results