** Drug developer's shares PHGE.K rise 11% to $6.64
premarket
** Co says successfully engineered a gene payload to target
a type of bacteria present in tumors of patients with colorectal
cancer
** Analysis confirmed presence of a target bacteria called
Fusobacterium nucleatum in over 80% of such tumor samples - PHGE
urn:newsml:reuters.com:*:nBw4hpk8ca
** PHGE's colorectal cancer program uses phage therapy or
bacteria-attacking virus with checkpoint inhibitors to target
such bacteria
** Up to Wednesday's close, stock down 38.3% YTD
(Reporting by Amruta Khandekar)
((Amruta.Khandekar@thomsonreuters.com;))