FibroGen Announces FDA Clearance Of Investigational New Drug FG-3165, A Galectin-9 Targeted Monoclonal Antibody For Treating Solid Tumors
Portfolio Pulse from Benzinga Newsdesk
FibroGen has received FDA clearance for its investigational new drug FG-3165, a Galectin-9 targeted monoclonal antibody aimed at treating solid tumors.
June 03, 2024 | 8:02 pm
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FibroGen has received FDA clearance for FG-3165, a new investigational drug targeting Galectin-9 for the treatment of solid tumors. This regulatory milestone could boost investor confidence and potentially drive the stock price up in the short term.
FDA clearance is a significant regulatory milestone that often leads to positive market reactions. The development of a new drug targeting a specific protein in solid tumors could attract investor interest and optimism about future revenue potential.
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