February 23, 2024

24/7 Market News Snapshot 08 Jan, 2024 – G1 Therapeutics Inc. (NYSE: GTHX)

Press Release

Last Price: $0.00 ▲ (+3.26%) +0.07  (2024-02-23 16:00) (Market Closed)

DENVER, Colo., 08 Jan, 2024 (www.247marketnews.com) – **FOR IMMEDIATE RELEASE**

G1 Therapeutics, Inc. Achieves Stock Price Surge Amidst Positive Clinical Trial Results

RESEARCH TRIANGLE PARK, N.C. — In the wake of G1 Therapeutics, Inc. uncovering favorable initial data from its Phase 2 clinical trial combining Trilaciclib with Sacituzumab Govitecan (SG) in patients with advanced solid tumors, the market has responded remarkably, propelling the company’s stock to a notable price surge. G1 Therapeutics’ shares have accelerated by 19.93%, a striking climb of $0.58, to close at $3.49. The trading volume has vigorously intensified, seeing nearly 1.2 million shares exchanged, signaling robust investor interest.

These promising results suggest a meaningful enhancement in overall survival rates when compared to the sole use of SG. Trilaciclib is innovatively formulated to protect bone marrow from chemotherapy-induced damage, potentially setting a new standard in cancer care. The CEO of G1 Therapeutics expressed excitement about the early outcomes and their implications for improving survival in advanced cancer scenarios.

With Trilaciclib’s beneficial profile, the drug is expected to bolster the efficacy of SG without augmenting adverse effects, possibly revolutionizing treatment for those grappling with advanced-stage cancers. This optimism is reflected in the traction gained on the stock market as the company garners increased attention from investors and industry stakeholders.

The organization remains keen on promptly advancing the development of Trilaciclib and SG. Further insights are anticipated to be presented at an upcoming scientific meeting. The reaction of the trading day is emblematic of the healthcare sector’s potential for rapid shifts based on clinical advancements.

As G1 Therapeutics pledges ongoing commitment to its innovative cancer therapies, the investment community eagerly awaits continued reports on this combination therapy’s performance. With the promise of transforming the oncology treatment landscape, G1 Therapeutics encourages all interested parties to watch for upcoming developments.

For additional information about the study and the company’s research endeavors, please visit globenewswire.com.

[Contact Information]
G1 Therapeutics, Inc.


*Forward-Looking Statement Disclaimer: Certain content in this release constitutes forward-looking statements, based on current assumptions and forecasts. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual financial results, market conditions, performance, or achievements of G1 Therapeutics to differ materially.*
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Cautionary Statement Regarding Forward Looking Information
Statements in this press release about the Company’s future and expectations other than historical facts are “forward-looking statements.” These statements are made on the basis of management’s current views and assumptions. As a result, there can be no assurance that management’s expectations will necessarily come to pass. These forward-looking statements generally can be identified by phrases such as “believes,” “plans,” “expects,” “anticipates,” “foresees,” “estimated,” “hopes,” “if,” “develops,” “researching,” “research,” “pilot,” “potential,” “could” or other words or phrases of similar import. Forward looking statements include descriptions of the Company’s business strategy, outlook, objectives, plans, intentions and goals. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements. This press release does not constitute an offer to sell or the solicitation of an offer to buy any security.

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