NanoViricides Says Clinical Trial Of Its Broad-Spectrum Antiviral Drug NV-CoV-2 Is Progressing Satisfactorily
Portfolio Pulse from Benzinga Newsdesk
NanoViricides has announced that the clinical trial of its broad-spectrum antiviral drug NV-CoV-2 is progressing satisfactorily. The trial will continue into Part 1b if there are no serious adverse events following safety and tolerability evaluation in healthy persons for a single escalating dose of NV-CoV-2 Oral Syrup or NV-CoV-2 Oral Gummies in the Part 1a.
July 06, 2023 | 10:46 am
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POSITIVE IMPACT
NanoViricides' clinical trial for its antiviral drug NV-CoV-2 is progressing satisfactorily. This could potentially boost investor confidence in the company.
Positive progress in clinical trials often leads to increased investor confidence, which can drive up the stock price. As the trial is for a broad-spectrum antiviral drug, this could have significant implications for the company's future revenue and profitability.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100