Progenics shares rally as prostate cancer imaging study to continue

Progenics Pharmaceuticals Inc. shares rallied in the extended session Thursday after the cancer drug company said its clinical trial of a prostate cancer imaging agent will continue. Progenics shares surged 13% to $10 after hours. The company said a review of data on its imaging agent to detect prostate cancer, known as 99mTc-MIP-1404, determined that a late-stage clinical study of the agent should continue.

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