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Argenica Therapeutics Ltd ( (AU:AGN) ) has provided an announcement.
Argenica Therapeutics has announced the successful completion of its Phase 2 clinical trial for ARG-007, demonstrating safety and tolerability in acute ischemic stroke patients. While the trial did not show a significant overall treatment effect in reducing infarct volumes, a promising efficacy signal was observed in a specific subgroup of high-risk patients. The company plans to advance to a targeted Phase 2b trial, supported by strong functional data and additional funding, to further explore ARG-007’s potential benefits.
The most recent analyst rating on (AU:AGN) stock is a Buy with a A$0.63 price target. To see the full list of analyst forecasts on Argenica Therapeutics Ltd stock, see the AU:AGN Stock Forecast page.
More about Argenica Therapeutics Ltd
Argenica Therapeutics Limited is a biotechnology company focused on developing novel therapeutics to reduce brain tissue death after stroke and other types of brain injury. The company is primarily engaged in clinical trials for its product ARG-007, targeting acute ischemic stroke (AIS) patients. Argenica operates within the medical research and pharmaceutical industry, with a market focus on neurological conditions.
Average Trading Volume: 593,460
Technical Sentiment Signal: Sell
For an in-depth examination of AGN stock, go to TipRanks’ Overview page.