Timber Pharmaceuticals shares are trading higher following a positive decision from the FDA for its TMB-001 treatment.
Portfolio Pulse from Benzinga Newsdesk
Timber Pharmaceuticals shares are trading higher after the FDA approved its TMB-001 treatment.
June 05, 2023 | 12:36 pm
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POSITIVE IMPACT
Timber Pharmaceuticals' stock price is expected to increase in the short term due to the FDA approval of its TMB-001 treatment.
The FDA approval of Timber Pharmaceuticals' TMB-001 treatment is a significant milestone for the company, as it validates the efficacy and safety of the treatment. This positive news is likely to attract investors and drive the stock price higher in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100