BUZZ-Nuvation Bio rises on brain cancer drug data** Shares of drugmaker Nuvation Bio NUVB.N rise 1.5% to $7.58 premarket
** Co says experimental drug safusidenib met main goal in mid-stage trial for grade 2 IDH1-mutant glioma, a type of brain cancer
** 44% of patients saw tumors shrink or disappear; 88% had no disease progression after two years, co says
** Co plans to expand study into larger trial after FDA agreement on design changes - NUVB
** NUVB's safusidenib is an oral drug targeting tumors with IDH1 mutation, co says
** Up to last close, stock was up ~181% YTD
(Reporting by Sahil Pandey in Bengaluru)
((Sahil.Pandey@thomsonreuters.com))
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