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Incyte knocking on the door of a new upward trend after today’s 6% pop

Reports of results from the December 1-4 meeting of the American Society of Hematology continue to move biotech stocks. Today it was Incyte's (INCY) turn. The company announced positive results for a Phase 2 trial evaluating Incyte's Jakafi in combination with corticosteroids in patients with acute graft-versus-host disease who failed to respond adequately to corticosteroids […]

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