enGene Holdings Stock Soars on Promising Bladder Cancer Therapy Data
enGene Holdings (ENGN) shares surged more than 65% after releasing preliminary Phase 2 trial results for its bladder cancer gene therapy, detalimogene voraplasmid. The data showed a 62% complete response rate at six months in high-risk patients, marking a potential breakthrough for a condition with limited treatment options.
Raymond James upgraded the stock to Buy with a $27 price target, citing strong enrollment execution. The therapy maintains a favorable safety profile, with all five patients reaching nine months showing sustained response. enGene plans to seek FDA approval in late 2026, positioning itself as a potential leader in bladder cancer innovation.