Conduit Pharmaceuticals shares are trading higher after the company announced it entered into an exclusive license agreement with AstraZeneca to develop AZD1656 and AZD5658.
Portfolio Pulse from Benzinga Newsdesk
Conduit Pharmaceuticals shares are trading higher after the company announced it entered into an exclusive license agreement with AstraZeneca to develop AZD1656 and AZD5658.
August 08, 2024 | 11:38 am
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Conduit Pharmaceuticals shares are trading higher following the announcement of an exclusive license agreement with AstraZeneca to develop AZD1656 and AZD5658.
The exclusive license agreement with a major player like AstraZeneca is a significant positive development for Conduit Pharmaceuticals, likely boosting investor confidence and driving the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100