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G1 Therapeutics falls as cancer treatment fails to meet late-stage study goal



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** Shares of drug maker G1 Therapeutics GTHX.O fall 36.6% to $2.86 in extended trade

** Co says it will continue a late-stage trial on its experimental combination treatment using its approved lung cancer therapy Cosela with chemotherapy drugs gemcitabine and carboplatin for a type of breast cancer

** GTHX had previously said it will stop the study if it met its interim overall survival (OS) criteria; OS determines the duration of patient survival from the time of treatment initiation

** Co says final analysis evaluating OS is expected in Q3 2024

** Stock fell 43.8% in 2023



Reporting by Puyaan Singh

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