Shares of biotechnology company Kyverna Therapeutics surged 21% in pre-market trading after the company announced that its therapy for stiff person syndrome showed significant improvement in patients' mobility during a mid-stage clinical trial.
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This positive data boosted investor confidence, driving the company's stock price to show strong performance before the market opened. Stiff person syndrome is a rare neurological disorder that causes muscle stiffness and spasms, severely affecting daily activities.
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