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MRTX — Mirati Therapeutics News Story

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HealthcareAdventurousLarge CapMomentum Trap

Mirati Therapeutics falls as cancer therapy fails in late-stage study

** Shares of cancer drug developer Mirati Therapeutics Inc
 MRTX.O  fall 11% to $38.96 after the bell
    ** Company says its experimental combination therapy to
treat a type of advanced lung cancer failed to extend lives of
patients in a late-stage study
    ** The study tested MRTX's drug candidate, sitravatinib, in
combination with Bristol-Myers Squibb Co's  BMY.N  Opdivo in
patients with advanced non-squamous non-small cell lung cancer
-MRTX
    ** Up to last close, stock down ~3% YTD

 (Reporting by Mariam Sunny in Bengaluru)
 ((Mariam.ESunny@thomsonreuters.com;))

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