Biodexa shares are trading higher after the company entered an exclusive license agreement with Rapamycin Holdings for the rights to eRapa.
Portfolio Pulse from Benzinga Newsdesk
Biodexa shares have seen an increase in trading volume and price following the announcement of an exclusive license agreement with Rapamycin Holdings for the rights to eRapa.
April 26, 2024 | 12:36 pm
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POSITIVE IMPACT
Biodexa's stock is likely to experience a positive short-term impact due to the exclusive license agreement for eRapa with Rapamycin Holdings.
Exclusive license agreements for promising treatments like eRapa can lead to increased investor confidence and potential revenue growth for Biodexa, thus positively impacting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90