To say Seres Therapeutics (MCRB) began the week with a bang would be a severe understatement. More like an earth-shattering explosion. Shares surged by 390% in Monday’s trading after the microbiome drug maker announced positive results from a clinical trial.In a Phase 3 study of SER-109 for the treatment of recurrent C. difficile infection (CDI), the oral microbiome medicine exhibited a 30.2% drop in the proportion of patients who experienced a recurrence in CDI within an eight week period compared to placebo. Overall, only 11.1% of patients given the treatment experienced a CDI recurrence as opposed to 41.3% in the …read more
Source:: Yahoo Finance
