Oric Pharmaceuticals Shares Plummet 40% on Disappointing Cancer Drug Trial Results
ByAinvest
Wednesday, Apr 1, 2026 4:08 pm ET1min read
ORIC--
Oric Pharmaceuticals' shares fell 40% after reporting study results that were positive but not positive enough for Wall Street. The cancer biotech's prostate-cancer drug candidate showed signs of a "best in disease" profile, but the data fell short of expectations. The results were positive but not positive enough for investors, leading to a significant decline in the company's shares.
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