4D Molecular Therapeutics Announces First Patient Enrolled in 4D-150 Phase 2 SPECTRA Clinical Trial in DME, and Expansion of 4D-150 Phase 2 Stage in PRISM Clinical Trial in Wet AMD
Portfolio Pulse from Benzinga Newsdesk
4D Molecular Therapeutics (NASDAQ:FDMT) has enrolled the first patient in the Phase 2 SPECTRA clinical trial for 4D-150, a treatment for diabetic macular edema (DME). The company has also expanded the 4D-150 Phase 2 stage of the PRISM Clinical Trial for wet age-related macular degeneration (wet AMD).
September 07, 2023 | 12:02 pm
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POSITIVE IMPACT
4D Molecular Therapeutics has initiated a key phase of clinical trials for its 4D-150 treatment, potentially impacting its stock positively if the trials prove successful.
The initiation of Phase 2 clinical trials for 4D-150 represents a significant milestone for 4D Molecular Therapeutics. If the trials prove successful, it could lead to regulatory approval and potential revenue growth, positively impacting the company's stock price.
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IMPORTANCE 80
RELEVANCE 100