Amplia Therapeutics Produces Around 13 Kilograms of Cancer Treatment Drug Candidate For Use in Clinical Trials, Shares Jump 7%
MT Newswires Live
Jan 22
Amplia Therapeutics (ASX:ATX) produced around 13 kilograms of its narmafotinib drug candidate for the treatment of cancer to the required purity and quality specifications after the completion of a large-scale manufacturing campaign, according to a Thursday Australian bourse filing.
The next step will involve converting the manufactured drug substance, or the active pharmaceutical ingredient, into oral capsules for use in ongoing and upcoming clinical trials.
Narmafotinib is a focal adhesion kinase inhibitor.
Its shares rose 7% in recent trading on Thursday.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.