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DFTX — Definium Therapeutics News Story

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Definium Therapeutics rises after anxiety disorder drug meets late-stage trial goal

BUZZ-Definium Therapeutics rises after anxiety disorder drug meets late-stage trial goal  

** Shares of biotech firm Definium Therapeutics DFTX.O rise 22.2% to $50.01 premarket

** Co says its LSD-based experimental pill significantly reduced anxiety symptoms in adults with generalized anxiety disorder, or GAD in a late-stage study, meeting the trial's main goal

** Patients on the drug had an 11.6-point drop on a standard anxiety rating scale at week 12, compared with a 6.2-point drop for those on a placebo - DFTX

** Most side effects were mild to moderate and temporary, occurring mainly on the day of dosing, with no increase in suicidal thoughts - DFTX

** As of last close, DFTX up 205.5% YTD


(Reporting by Kunal Das in Bengaluru)

((Kunal.Das2@thomsonreuters.com;))

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