RXi Reports Positive Phase 2 Clinical Trial Results for Treatment of Common Warts
On May 18, RXi Pharmaceuticals Corporation (RXII) reported positive results from its phase 2 clinical trial of the drug Samcyprone for the treatment of common warts. After weekly application for 10 weeks, participants had a 97.7% positive immunotherapy response rate. 70% of participants experienced a reduction of at least 50% wart size. There is currently no prescription drug approved by the FDA for the treatment of common warts.
Rocket Tickers caught the news and sent an alert at 11:58 am. The next trade took place at 11:59 am for $2.45. The stock closed at $2.58 for a gain of over 5% on the event day.
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