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Parabilis reports strong Phase 1/2 results for zolucatetide in desmoid tumors, plans Phase 3 trial in 2027.

Company Fundamentals
12 Nov 2026, 14:00 WIB
GlobeNewsWire
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Bullish
Parabilis reports strong Phase 1/2 results for zolucatetide in desmoid tumors, plans Phase 3 trial in 2027.

Parabilis Medicines announced positive Phase 1/2 data for zolucatetide, showing a 72.2% response rate in desmoid tumor patients and a strong safety profile. The company aligned with the FDA on Phase 3 trial design, aiming to start the PEDESTAL trial in early 2027 with results expected in 2029. They also initiated studies in other diseases and collaborations to explore combination therapies. With $1.1 billion in cash, Parabilis is well-funded to advance its pipeline through 2030.

Parabilis Medicines' recent financial results and business updates provide context for readers following health-sector developments. For readers following health-sector stocks on Pluang as of Nov 12, 2026 18:11 WIB, out of 150 priced US health stocks, 84 rose and 57 fell. Notable movers include TECH (BIO-TECHNE Corp) at USD 71.00 with a 1-day change of -2.47% and 100% buy order activity, HIMS (Hims and Hers Health Inc) at USD 20.32 down 2.35% with 82% sell order activity, and NUWE (Nuwellis Inc) at USD 5.66 up 2.35% with 100% sell order activity.

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