Skip to main content
Premium Trial:

Request an Annual Quote

DeCode s Shares Rebound After Mid-day Dip Following Positive Drug Data

This article has been updated from a previous version. Share prices have been updated.


NEW YORK, Oct. 19 (GenomeWeb News) - Shares in DeCode Genetics closed up more than11 percent at $7.36 yesterday, regaining lost ground after the stock dipped mid-day following after the Icelandic pharmacogenomics company announced positive results from an ongoing drug trial.


Shares in the Icelandic pharmacogenomics company were at $7.31 in early-morning trading on the Nasdaq exchange today. They reached a high of $7.70 yesterday, but  receded to $6.90 in afternoon trade.


DeCode licensed the drug, which is in early-stage Phase IIa clinical testing, from  Bayer last November

Results of the study showed the drug, called DG031, to have significantly reduced levels of two chemical biomarkers associated with arterial inflammation and myocardial infarction risk.

The Scan

Should've Been Spotted Sooner

Scientists tell the Guardian that SARS-CoV-2 testing issues at a UK lab should have been noticed earlier.

For Martian Fuel

Researchers have outlined a plan to produce rocket fuel on Mars that uses a combination of sunlight, carbon dioxide, frozen water, cyanobacteria, and engineered E. coli, according to Gizmodo.

To Boost Rapid Testing

The Washington Post writes that new US programs aim to boost the availability of rapid at-home SARS-CoV-2 tests.

PNAS Papers on Strawberry Evolution, Cell Cycle Regulators, False-Positive Triplex Gene Editing

In PNAS this week: strawberry pan-genome, cell cycle-related roles for MDM2 and MDMX, and more.