BUZZ-Jyong Biotech rises on prostate cancer drug mid‑stage trial data

Reuters01-30
BUZZ-<a href="https://laohu8.com/S/JYB">Jyong Biotech</a> rises on prostate cancer drug mid‑stage trial data

** Shares of drugmaker Jyong Biotech MENS.O rise 2.68% to $2.63 premarket

** Co says its experimental drug, MCS‑8, helped reduce risk of prostate cancer — a disease caused by abnormal cell growth in the prostate gland

** Co says men on MCS‑8 had a 27% lower chance of developing prostate cancer vs placebo in a mid‑stage trial

** Trial also showed potential benefit for cholesterol control, with patients seeing lower total cholesterol, per co

** Co says no serious side effects reported; long‑term use did not affect liver, kidney or blood pressure

** MENS is considering expanding use of MCS‑8 for high cholesterol and heart disease, co says

** Shares up ~43% in 2025

(Reporting by Sahil Pandey in Bengaluru)

((Sahil.Pandey@thomsonreuters.com))

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