** Shares of drug developer Kyverna Therapeutics KYTX.O rise 25.5% to $11.02 premarket
** Co says its experimental cell therapy, miv-cel, for the treatment of a rare movement disorder met the main goal in a mid-stage study
** Miv-cel, formerly named KYV-101, is being tested in patients with stiff person syndrome, a rare autoimmune disorder that makes muscles rigid and causes painful spasms, often making it hard to walk or move normally
** The 26-person study showed the therapy led to sustained improvement in mobility among patients - KYTX
** As of last close, stock has more than doubled YTD
(Reporting by Siddhi Mahatole)
((siddhi.mahatole@thomsonreuters.com))