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Mustang Bio Soars 485% After Its Novel Gene Therapy Cured ‘Bubble Boys’
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Mustang Bio Soars 485% After Its Novel Gene Therapy Cured ‘Bubble Boys’
Mustang Bio Inc. skyrocketed as much as 485 percent to $15.55 in late U.S. trading on Wednesday following news that the boys treated with an experimental therapy treatment it licensed from St. Jude Children’s Research Hospital are now living normal lives. Mustang Bio is an offshoot of Fortress Biotech Inc., a company run by Rosenwald and fellow entrepreneur Michael Weiss that specializes in investigating promising compounds.
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