LVTX - Lava Therapeutics Double Trades its Float and Hits new 52-Week High

2024-02-29 14:53:20 ET

DENVER, Colo., Feb 29, 2024 ( 247marketnews.com )- After quietly trading sideways, Lava Therapeutics N.V. (NASDAQ: LVTX ) shot straight up from below $2.25 to set a new 52-week high of $6.00. It’s pulled back to $5.74, up $3.58 (+165.97%), on 21.1M shares, more than twice its reported 10.22M float.

LVTX’s about section states, “LAVA Therapeutics N.V. is a clinical-stage immuno-oncology company focused on advancing its proprietary Gammabody ® platform to develop a portfolio of bispecific gamma-delta T cell engagers for the potential treatment of solid tumors and hematologic malignancies. The Company utilizes bispecific antibodies engineered to selectively kill cancer cells by triggering V?9V?2 (Vgamma9 Vdelta2) T cell antitumor effector functions upon cross-linking to tumor-associated antigens. A Phase 1/2a dose escalation study to evaluate LAVA-1207 in patients with metastatic castration-resistant prostate cancer (mCRPC) is actively enrolling in Europe and the United States ( NCT05369000 ). The Company is collaborating with Seagen for the clinical development of SGN-EGFRd2 (LAVA-1223) and Merck & Co., Inc., Rahway, NJ, USA for the clinical development of LAVA-1207. For more information, please visit www.lavatherapeutics.com , and follow us on LinkedIn , X , and YouTube .”

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