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Celcuity shares fall as delayed breast cancer drug launch eclipses first US FDA approval

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Celcuity shares fall as delayed breast cancer drug launch eclipses first US FDA approval

Celcuity’s shares dropped ~8% in premarket after the commercial launch of its newly approved breast cancer drug was delayed, with treatment-tolerability concerns outweighing the significance of its first U.S. approval.

Analysis

Celcuity’s shares dropped ~8% in premarket after the commercial launch of its newly approved breast cancer drug was delayed, with treatment-tolerability concerns outweighing the significance of its first U.S. approval.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45

Ticker Sentiment

CELC-0.72