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Kodiak Sciences stock jumps 176% after positive Phase 3 trial for retinal disease drug

Market News
28 Sep 2026
Stuart Mooney
View Source
Bullish
Kodiak Sciences stock jumps 176% after positive Phase 3 trial for retinal disease drug

Kodiak Sciences reported successful Phase 3 trial results for its retinal disease treatments Zenkuda and tabirafusp-ted, showing vision improvements comparable to Regeneron's Eylea. Zenkuda allowed 54% of patients to maintain a six-month dosing interval with no intraocular inflammation, highlighting its safety and efficacy. Following the news, Kodiak's stock surged 176% to $89.29, prompting an analyst to raise the price target to $96. This positions Kodiak as a strong competitor in the retinal disease treatment market with potential for further growth.

Kodiak Sciences' recent trial success is context for health sector activity on Pluang. For readers following health stocks, 57 of 100 traded rose while 43 fell. Notable movers include XRAY at USD 9.05 down 3.67%, MESO at USD 14.57 down 3.64%, and TXG at USD 88.64 up 3.42%. Data is as of Sep 29, 2026 01:52 WIB.

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