Human Genome Shares Rise On Lupus Drug Study Data

NEW YORK (AP) — Shares of Human Genome Sciences Inc. jumped Thursday after the company said its drug candidate Benlysta reduced lupus symptoms over a four-year period in a study.

The stock jumped 59 cents, or 21.7 percent, to $3.30 in afternoon trading. Shares have traded between 45 cents and $8 over the last 52 weeks.

The extended clinical trial showed that Benlysta patients experienced less severe flare-ups from the inflammatory disease and overall, those flare-ups decreased. The long-term study results come ahead of expected late-stage clinical trial data in July. Results from a second late-stage study are expected in November. ...