Small Cap Polaryx Picks Research Partner, Stock Surges on Phase 2 Trial Plans

benzinga_article
2026.02.17 15:26
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Polaryx Therapeutics (NASDAQ: PLYX) shares surged 46.06% to $3.52 following the selection of a research organization for its SOTERIA Phase 2 trial. This trial will evaluate the safety and efficacy of PLX-200 for lysosomal storage disorders, with plans to initiate in the first half of 2026. The FDA granted a safe to proceed letter in October 2025, and the trial aims to gather data that could lead to conditional marketing authorization if successful.