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Flexion (FLXN) Stock Rose 5% On What?



At the close of extended trading, Flexion Therapeutics Inc. (NASDAQ: FLXN) shares rose 5.01% to $8.6. Flexion closed Wednesday’s session at $8.19, down -4.77%. FLXN stock volume remained high at 1.46 million shares, surpassing the 50-day average daily volume of 1.06 million shares.  The FLXN stock increased following the news that the company would be presenting preliminary study data in an event.

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Where FLXN will be presenting?

Flexion is dedicated to development and commercialization of novel, locally administered therapies for treating patients with arthritis, using OA as a starting point. Focus, tenacity, innovation, ingenuity, transparency, and fun are FLXN’s core values.

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Preliminary information from a Phase 1 single ascending dose (SAD) trial of FX201 will be presented during the 2021 American Society for Gene & Cell Therapy annual meeting which virtually takes place May 11-14, 2021, announced Flexion on Wednesday.

Interim Data from the First-in-Human Phase One Study of Human Gene Therapy for Arthritis: Safety, Tolerability, Biodistribution, and Preliminary Evaluation of Clinical Activity in 5 Patients will be available in a digital presentation.

ASCGT abstract includes these findings:

FLXN’s further efforts:

A video presentation by Flexion (FLXN) will be published on the ASGCT website at the start of the conference will provide longer-term follow-up data from the low-dose cohort.

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