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Sera Prognostics (NASDAQ:SERA) shares soared 160% in early buying and selling Wednesday after the corporate introduced it was halting enrollment in a pivotal research that includes its PreTRM being pregnant take a look at as a result of better-than-expected efficacy.
Sera has been testing the product, which is used to assist decide the chance of spontaneous untimely supply, as a part of a preterm delivery prevention technique. The research’s information security monitoring board has advisable halting enrollment as a result of efficacy because the co-primary endpoints of the research have met the stopping standards for statistical significance, in accordance with the corporate.
The corporate mentioned it would share topline outcomes from the research as soon as the information is analyzed.