Shares of Poseida Therapeutics Inc. (Nasdaq:PSTX) rallied strongly on Wednesday following the announcement, with traders pushing shares of the small cap up to $3.00/share (+23.97%) at the session high. This move is a strong continuation of the success this stock found during the back half of April.
Poseida Therapeutics Inc is a clinical-stage biopharmaceutical company focused on leveraging non-viral gene engineering technologies to create life-saving therapeutics for patients with a high unmet delivery technology. It has built a pipeline of autologous and allogeneic chimeric antigen receptor T cell, or CAR-T, product candidates, initially focused on the treatment of hematological malignancies and solid tumours.
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