Allarity’s stock falls after saying enrollment in two clinical trials is slow

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Allarity’s stock falls after saying enrollment in two clinical trials is slow
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Shares of Allarity Therapeutics Inc. plunged 17% in premarket trading on Tuesday after the company told investors that it’s struggled to enroll enough...

Shares of Allarity Therapeutics Inc. ALLR plunged 17% in premarket trading on Tuesday after the company told investors that it’s struggled to enroll enough patients in Phase 2 studies for Ixempra and senoparib, citing the impact of the pandemic on staffing for clinical-trial sites. The company is testing Ixempra as a treatment for metastatic breast cancer and stenoparib for ovarian cancer. Allarity’s stock is down 75.0% this year, while the S&P 500 SPX has gained 4.0%.

... Shares of Allarity Therapeutics Inc. ALLR plunged 17% in premarket trading on Tuesday after the company told investors that it’s struggled to enroll enough patients in Phase 2 studies for Ixempra and senoparib, citing the impact of the pandemic on staffing for clinical-trial sites. The company is testing Ixempra as a treatment for metastatic breast cancer and stenoparib for ovarian cancer. Allarity’s stock is down 75.0% this year, while the S&P 500 SPX has gained 4.0%.

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