InMed Pharmaceuticals shares are trading higher after the company announced it selected a lead Alzheimer's drug candidate following proof-of-concept study data.
Portfolio Pulse from Benzinga Newsdesk
InMed Pharmaceuticals has announced the selection of a lead Alzheimer's drug candidate following proof-of-concept study data, leading to a rise in its share prices.
October 24, 2023 | 2:19 pm
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InMed Pharmaceuticals' shares are trading higher after the company announced a lead Alzheimer's drug candidate following proof-of-concept study data.
The announcement of a lead Alzheimer's drug candidate by InMed Pharmaceuticals indicates positive progress in their research and development efforts. This news is likely to boost investor confidence, leading to a rise in the company's share prices in the short term.
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