iBio shares are trading higher after the company announced a research collaboration with the National Institute of Allergy and Infectious Diseases to develop Lassa fever vaccine.
Portfolio Pulse from Benzinga Newsdesk
iBio announced a research collaboration with the National Institute of Allergy and Infectious Diseases to develop a Lassa fever vaccine, leading to higher trading of iBio shares.
June 13, 2023 | 9:00 am
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iBio's collaboration with the National Institute of Allergy and Infectious Diseases to develop a Lassa fever vaccine has led to an increase in its share price.
The announcement of iBio's research collaboration with the National Institute of Allergy and Infectious Diseases to develop a Lassa fever vaccine has a direct positive impact on the company's share price. Investors are likely to view this partnership as a potential growth opportunity for iBio, leading to increased demand for its shares and a higher stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100