CBLI rises on encouraging US FDA report on radiation drug
This article was originally published in Scrip
Shares of Cleveland BioLabs got an 8% bounce on 10 September on word the US FDA was in agreement with the firm's proposed pivotal animal efficacy studies for Entolimod (CBLB502) as a radiation countermeasure and also accepted the company’s recently concluded good laboratory practice non-human primate study as part of the pivotal program.
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