uniQure stock price dropped another 12.86% after the FDA rejected the trial data, down a total of 56% this year.

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Investing.com – uniQure (NASDAQ:QURE) stock fell 12.86% pre-market on Tuesday to $9.15, after the U.S. Food and Drug Administration rejected the company’s trial data for Huntington’s disease gene therapy.

The stock had already plummeted 45% during Monday’s trading session.

On Monday, the FDA notified the drug developer that its early to mid-stage trial data for Huntington’s disease gene therapy was insufficient to support a marketing application.

The FDA recommended conducting a new study, randomly assigning patients to receive either the gene therapy or a placebo surgery.

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