Cogent Biosciences Stock Soars 120% on Positive GIST Drug Trial Results

News Flash 2025-11-10 22:45

Cogent Biosciences (NASDAQ: COGT) experienced a 120% surge in premarket trading on November 10, 2025, after announcing positive results from its Phase 3 trial for bezuclastinib, a treatment for gastrointestinal stromal tumors (GIST). The trial demonstrated that bezuclastinib, when combined with sunitinib, significantly reduced the risk of disease progression or death by 50% compared to sunitinib alone. Following these promising results, Cogent Biosciences plans to submit a New Drug Application in 2026. The drug has also been granted FDA Breakthrough Therapy Designation, highlighting its potential to address unmet medical needs in GIST treatment.

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