Shuttle Pharmaceuticals Submits IND Application To FDA For Ropidoxuridine Phase II Clinical Trial For Patients With Glioblastoma
Portfolio Pulse from Benzinga Newsdesk
Shuttle Pharmaceuticals has submitted an Investigational New Drug (IND) application to the FDA for a Phase II clinical trial of Ropidoxuridine in patients with Glioblastoma, a type of brain cancer.
December 11, 2023 | 2:13 pm
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POSITIVE IMPACT
Shuttle Pharmaceuticals' IND submission for Ropidoxuridine's Phase II trial could lead to positive investor sentiment if the FDA approves the trial, potentially boosting SHPH's stock price.
The submission of an IND application is a critical regulatory step for Shuttle Pharmaceuticals, indicating progress in the development of Ropidoxuridine. If the FDA approves the application, it could validate the company's research direction and potentially lead to increased investor interest and a rise in stock price. However, the outcome of the FDA's decision is uncertain, and the actual impact on the stock will depend on the market's perception of the news.
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IMPORTANCE 80
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