PharmaCyte Biotech Provides Corporate Update On Cell-In-A-Box Technology
Portfolio Pulse from Benzinga Newsdesk
PharmaCyte Biotech, Inc. (NASDAQ:PMCB) is preparing for a meeting with the FDA to discuss the further development of its Cell-in-a-Box technology. The company is also evaluating potential opportunities for the use of its $74.6 million cash position. The Cell-in-a-Box technology, along with other potential delivery systems, provides a unique opportunity to treat patients with non-toxic chemotherapeutic prodrugs.
October 31, 2023 | 1:22 pm
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PharmaCyte Biotech is preparing for a meeting with the FDA to discuss the further development of its Cell-in-a-Box technology. The company is also evaluating potential opportunities for the use of its $74.6 million cash position.
The news is directly related to PharmaCyte Biotech and its Cell-in-a-Box technology. The meeting with the FDA could potentially lead to further development and approval of the technology, which would be a positive outcome for the company. Additionally, the company's significant cash position allows it to explore other opportunities, which could also positively impact the stock price.
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