The stock of microcap Bionomics Ltd. rose 36% early Thursday, after the company reported positive results from a mid-stage trial of a treatment for...
The stock of microcap Bionomics Ltd. rose 36% early Thursday, after the company reported positive results from a mid-stage trial of a treatment for post-traumatic stress disorder.
The company said the Phase 2b trial evaluating BNC210 led to a “statistically significant” reduction in total PTSD symptom severity at 12 weeks. The trial also met its secondary endpoints, showing improvements in depressive symptoms and sleep. The stock BNOX, +3.68% has fallen 79% in the year to date, while the S&P 500 SPX has gained 11.3%. .
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