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Nov. 12, 2019, 10:40 a.m. EST

Kadmon biopharma shares rise on interim trial results

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By Jaimy Lee

Shares of Kadmon Holdings /zigman2/quotes/208978354/composite KDMN +4.15% are up about 10% after the New York-based biopharmaceutical company said its treatment for certain patients with chronic graft-versus-host disease met the primary endpoint in a trial. Chronic graft-versus-host disease is a rare condition that can occur after a transplant. Kadmon said it expects to file the experimental therapy with the U.S. Food and Drug Administration next year. Its stock is up 58.65% year-to-date, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.34% has gained 23%.

/zigman2/quotes/208978354/composite
US : U.S.: NYSE
$ 4.27
+0.17 +4.15%
Volume: 1.89M
July 14, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$656.11 million
Rev. per Employee
$12,035
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/zigman2/quotes/210599714/realtime
US : S&P US
3,197.52
+42.30 +1.34%
Volume: 2.63B
July 14, 2020 5:13p
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