Relay rises as combo breast cancer therapy cuts disease progression in early study
** Shares of drug developer Relay Therapeutics RLAY.O rise 14.58% to $7.15 premarket
** Co says its experimental breast cancer treatment meaningfully extended the time patients lived without their disease worsening in an early-stage trial
** The therapy helped 52 patients live for an average of 9.2 months without the disease worsening after treatment in the study
** Co to start a late-stage trial for the combination next year, pending regulatory discussions
** The treatment, RLY-2608, in combination with AstraZeneca's AZN.L Faslodex, was generally well tolerated across all doses, the company said
** The trial enrolled 118 heavily pre-treated patients with PI3K mutant, advanced breast cancer
** Up to last close, stock down 43.3% YTD
Reporting by Sneha S K
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