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Biotech stocks experienced moderate shifts in after-hours trading on Thursday. Delcath Systems rose 4.02% to $8.52 after announcing a $25 million share repurchase program. BioVie, Cassava Sciences, and Enlivex Therapeutics rebounded despite no fresh headlines, with BioVie climbing 13.39% to $1.44, Cassava advancing 9.17% to $2.87, and Enlivex edging higher to $0.95.

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