Akili shares are trading higher after the company announced that its Japanese partner, Shionogi & Co. Ltd, has submitted Akili's digital therapeutic SDT-001 for marketing approval with the Ministry of Health, Labor, and Welfare.
Portfolio Pulse from Benzinga Newsdesk
Akili's stock price increased following the announcement that its Japanese partner, Shionogi & Co. Ltd, has submitted their digital therapeutic SDT-001 for marketing approval in Japan.
February 26, 2024 | 6:01 pm
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Akili's shares are trading higher after the announcement of its digital therapeutic SDT-001's submission for marketing approval in Japan by Shionogi & Co. Ltd.
The submission of Akili's digital therapeutic SDT-001 for marketing approval in Japan is a significant step towards commercialization in a major market. This move, facilitated by its partner Shionogi & Co. Ltd, is likely to be viewed positively by investors, reflecting optimism about Akili's growth prospects and potential revenue generation from the Japanese market.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90