Humacyte shares are trading lower after the company announced that the FDA will require additional time to complete its review of the BLA for ATEV in the treatment of vascular trauma.
Portfolio Pulse from Benzinga Newsdesk
Humacyte shares are trading lower after the company announced that the FDA will require additional time to complete its review of the BLA for ATEV in the treatment of vascular trauma.
August 12, 2024 | 11:23 am
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Humacyte shares are trading lower due to the FDA requiring additional time to complete its review of the BLA for ATEV in the treatment of vascular trauma.
The delay in FDA review introduces uncertainty and potential delays in product approval, negatively impacting investor sentiment and causing the stock price to drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100