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Shares of Bellicum Pharmaceuticals set to gain after FDA lifts hold on study of cell therapy treatment

The company agreed with FDA to amend its study protocols

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The stock climbed on the news

Shares of Bellicum Pharmaceuticals Inc. (NASDAQ:BLCM) advanced after the company said the U.S. Federal Drug Administration (FDA) has lifted a hold on the clinical study of its BPX-501 T-cell therapy.

The firm focuses on discovering and developing cellular immunotherapies for cancers and orphan inherited blood disorders. Its stock climbed 20% to US$8.16 in pre-market trading.

Amend study protocols

The decision by the FDA was made after the company agreed to amend study protocols, Bellicum said in a statement.

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