other_material
confidence high
sentiment negative
materiality 0.55
Quince Therapeutics retracts false claim about IntraBio's Phase 2 study for NALL in A-T
Quince Therapeutics, Inc.
- Quince stated on Oct 2 Investor Day that IntraBio's NALL Phase 2 failed all endpoints in A-T; now retracts that statement.
- The statement was based on a different study (EJPN Article), not the IntraBio Phase 2 study; Quince removed it from materials.
- The EJPN Article found NALL failed to improve motor function significantly but improved some symptoms (e.g., nausea, constipation).
- Quince advises investors not to rely on the retracted statement; underlying facts did not support the original claim.
item 7.01