RAPT scraps zelnecirnon program, stock plunges 46% (update)

Nov. 11, 2024 11:57 AM ETRAPT Therapeutics, Inc. (RAPT) StockBy: Val Brickates Kennedy, SA News Editor
(1min)
FDA headquarters in Washington DC.

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Shares of RAPT Therapeutics (NASDAQ:RAPT) plunged 46% in early trading Monday after the company said it was scrapping development of its drug candidate zelnecirnon due to negative FDA feedback.

RAPT (RAPT) had been evaluating zelnecirnon for the treatment of

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