Monopar Therapeutics shares are trading higher after the company announced it received the Australia human research ethics committee clearance to proceed with its Phase 1 therapeutic trial of novel radiopharmaceutical in advanced cancers.
Portfolio Pulse from Benzinga Newsdesk
Monopar Therapeutics' stock is rising following the approval from Australia's human research ethics committee to begin a Phase 1 trial of its new radiopharmaceutical for advanced cancers.
August 21, 2024 | 12:10 pm
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Monopar Therapeutics' shares are up after receiving clearance from Australia's ethics committee to start a Phase 1 trial for a new cancer treatment.
The clearance for a Phase 1 trial is a significant milestone for Monopar Therapeutics, indicating progress in their drug development pipeline. This positive regulatory news is likely to boost investor confidence, leading to a short-term increase in stock price.
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