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Merus Clears Wall Street's Bar With Cancer Data

Merus Clears Wall Street's Bar With Cancer Data

Merus appears to have cleared the bar set by Wall Street for its highly watched cancer-treatment candidate. The company posts an abstract for its head and neck cancer treatment on Thursday, boasting a 60% response rate and one complete response in a pool of 10 evaluable patients. William Blair analysts say in a research note that the early dataset is a clear encouraging sign on the potential treatment's efficacy.