Juno Therapeutics Inc. soared in after-hours trading on July 12 following the company's late-day announcement that a clinical hold on its Phase II ROCKET clinical trial for the chimeric antigen receptor T-cell (CAR-T) therapy JCAR015 has been lifted just a few business days after the US FDA instituted the hold in response to three deaths in the study.
Seattle, Washington-based Juno fell more than 27% after the stock market closed on July 7 when the company first revealed the clinical hold, despite assurances that the FDA was likely...