STAT+: As researchers push for a type 1 diabetes cure, Sana Biotechnology provides a nudge forward

Comments
Loading...

Last week, Sana Biotechnology, a once-mysterious and still-buzzy biotech startup, released clinical trial results showing that it had managed to implant insulin-producing cells in the arm muscle of a patient with type 1 diabetes without provoking immune rejection.

Beyond the fact that there were only results available for a single patient, researchers had only one month’s worth of followup data at a very low dose. At first blush, the results might have prompted a shrug.

Yet Sana’s stock price initially soared 200%. And even if experts weren’t quite as exuberant, some acknowledged the company and the field had potentially taken an important step forward. 

Continue to STAT+ to read the full story…

Market News and Data brought to you by Benzinga APIs

Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!