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Janux Therapeutics Shares Soar on Promising Prostate Cancer Drug Results

Janux Therapeutics' shares soared nearly 75% after promising early-stage results for its prostate cancer drug, JANX007, which targets metastatic, castration-resistant prostate cancer. In a small trial, 16 patients showed significant reductions in prostate-specific antigens, with mild side effects reported. Analysts are optimistic about the drug's potential, raising share price targets as Janux prepares for further trials.

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