Imagion Biosystems (ASX:IBX) said its contract manufacturer completed production of MagSense, its HER2 breast cancer imaging agent, and is now completing the required analytical testing for use in its phase 2 clinical study, according to a Tuesday filing with the Australian bourse.
The company also said the US federal government shutdown will not impact its phase 2 clinical trial investigational new drug application submission.
Shares of the company rose 6% in recent Tuesday trade.