Phio Pharmaceuticals (PHIO) stock rises premarket as new PH-762 skin cancer data keeps traders circling
Phio Pharmaceuticals shares rose 9.8% to $1.23 premarket after reporting no serious adverse events and strong response rates in a Phase 1b skin cancer study of PH-762. Six of seven patients at the highest dose showed a pathological response. The company plans an FDA submission in Q2 2026. The stock gained 24.4% Tuesday.