Guggenheim Downgrades Rapt Therapeutics (RAPT) to Neutral

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Go back to Guggenheim Downgrades Rapt Therapeutics (RAPT) to Neutral

RAPT Therapeutics Reports First Quarter 2024 Financial Results

May 9, 2024 8:00 AM EDT

Company maintains solid cash position of $141.6 million

SOUTH SAN FRANCISCO, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- RAPT Therapeutics, Inc. (Nasdaq: RAPT), a clinical-stage, immunology-based therapeutics company focused on discovering, developing and commercializing oral small molecule therapies for patients with significant unmet needs in inflammatory diseases and oncology, today reported financial results for the first quarter ended March 31, 2024.

The Company also announced today that it has decided to close and unblind both its Phase 2b clinical trial of zelnecirnon (RPT193) in atopic dermatitis (AD) and its Phase 2a... More