Mustang Bio shares are trading higher after the company announced the FDA accepted its IND application of MB-109 for the treatment of recurrent glioblastoma and high-grade astrocytoma.
Portfolio Pulse from Benzinga Newsdesk
Mustang Bio has announced that the FDA has accepted its IND application for MB-109, a treatment for recurrent glioblastoma and high-grade astrocytoma. This news has led to a rise in the company's share prices.
October 26, 2023 | 4:04 pm
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Mustang Bio's shares are trading higher following the FDA's acceptance of its IND application for MB-109. This could indicate increased investor confidence in the company's potential.
The FDA's acceptance of Mustang Bio's IND application for MB-109 is a positive regulatory milestone for the company. This could lead to increased investor confidence, which is reflected in the rise in the company's share prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100