Bio-Path shares are trading higher after the company announced it initiated a therapeutic program to develop BP1001-A for obesity and related metabolic diseases. This makes it the first application of DNAbilize technology for the development of a non-cancer application.
Portfolio Pulse from Benzinga Newsdesk
Bio-Path shares rose as the company launched a new therapeutic program to develop BP1001-A for obesity and related metabolic diseases, marking the first non-cancer application of its DNAbilize technology.
October 08, 2024 | 2:14 pm
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Bio-Path's stock price increased following the announcement of a new therapeutic program for BP1001-A, targeting obesity and metabolic diseases. This is the first non-cancer application of their DNAbilize technology.
The initiation of a new therapeutic program for BP1001-A targeting obesity represents a significant expansion of Bio-Path's technology into non-cancer applications. This diversification can attract new investors and increase market interest, positively impacting the stock price.
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