EXCLUSIVE: Conduit Pharmaceuticals Tells Benzinga 'Assets have shown favorable preclinical and Phase I data. Conduit to initiate Phase II clinical trials'
Portfolio Pulse from Benzinga Newsdesk
Conduit Pharmaceuticals has announced that its assets have shown favorable preclinical and Phase I data, and the company is set to initiate Phase II clinical trials.
August 08, 2024 | 10:00 am
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POSITIVE IMPACT
Conduit Pharmaceuticals has reported favorable preclinical and Phase I data for its assets and is preparing to initiate Phase II clinical trials.
The announcement of favorable preclinical and Phase I data, along with the initiation of Phase II clinical trials, is likely to positively impact Conduit Pharmaceuticals' stock price in the short term as it indicates progress in their drug development pipeline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100