ORKA Stock Down 5% Despite Positive Week 28 Psoriasis Efficacy Data
Oruka Therapeutics' ORKA-001 showed deeper psoriasis clearance at week 28 in efficacy data, but the company's shares fell 5% as safety disclosures weighed on investor sentiment despite the positive results.
Why it matters — A Oruka watcher would care because week 28 efficacy and safety data for its lead candidate ORKA-001 directly informs the drug's development outlook and near-term share price moves.