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Juno Therapeutics (JUNO) Stock Surges After FDA Lifts Clinical Hold

NEW YORK (TheStreet) -- Shares of Juno Therapeutics (JUNO) aresurging by 18.21% to $32.85 in early-morning trading on Wednesday, as the FDA lifted the clinical hold on the company's experimental treatment for leukemia (CAR T therapies) after only a few days.

The study was originally halted last week after two patients died from brain swelling, which Juno said was from a chemotherapy drug used in pretreatment, the New York Times reports.The FDA determined that Juno can...