Ainos To Initiate Clinical Study Of New VELDONA-Based Animal Drug, Expanding Potential Market
Portfolio Pulse from Benzinga Newsdesk
Ainos, Inc. (NASDAQ:AIMD) has announced the initiation of a clinical study for a new VELDONA®-based drug aimed at treating feline chronic gingivostomatitis (FCGS). This move could potentially expand Ainos' market in the animal healthcare sector.
May 15, 2024 | 12:18 pm
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Ainos, Inc. has initiated a clinical study for a new VELDONA®-based drug targeting feline chronic gingivostomatitis. This development could expand Ainos' market in the animal healthcare sector.
The initiation of a clinical study for a new drug indicates potential future revenue streams and market expansion in the animal healthcare sector, which is likely to positively impact Ainos' stock price in the short term.
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