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Arcturus Therapeutics stock plunges 50% after weak cystic fibrosis trial data
Arcturus Therapeutics’ stock plummeted 50% following the announcement of disappointing Phase 1b interim data for its cystic fibrosis treatment, ARCT-032. The primary endpoint, sweat chloride reduction, showed insufficient improvement compared to placebo, leading to the company’s decision not to advance to a Phase 2 study. Despite some positive trends in forced expiratory volume, the overall results halted the development of ARCT-032 for cystic fibrosis and triggered a significant stock decline.