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BUZZ-CERo Therapeutics jumps on US FDA's 'fast track' tag for cancer therapy

Reuters
09/05
BUZZ-CERo <a href="https://laohu8.com/S/LENZ">Therapeutics</a> jumps on US FDA's 'fast track' tag for cancer therapy

** Shares of drug developer CERo Therapeutics CERO.O rise 11% to $7.65 premarket

** Co says its experimental blood cancer therapy, CER-1236, received U.S. FDA's "fast track" tag

** FDA's "fast track" tag aims to speed development and review of drugs for serious conditions with unmet medical need

** The therapy is being tested in an early stage trial for patients with aggressive forms of acute myeloid leukemia, a type of blood and bone marrow cancer

** Stock down 94% YTD

(Reporting by Kamal Choudhury in Bengaluru)

((Kamal.Choudhury@thomsonreuters.com;))

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