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Argenica Therapeutics Ltd ( (AU:AGN) ) has shared an announcement.
Argenica Therapeutics Limited announced promising results from its Phase 2 clinical trial of ARG-007, a treatment for acute ischaemic stroke. The trial showed trends of improved cognitive function, independence in daily activities, and quality of life for patients treated with ARG-007 compared to those given a placebo. These findings, although derived from a small sample size, are significant enough to inform the design of a Phase 2b trial. The company plans to advance this next phase in collaboration with its global stroke Clinical Advisory Group and potential pharmaceutical partners, aiming to establish a patient-centered functional endpoint for future regulatory approval.
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 aimed at reducing brain tissue death following strokes. The company is engaged in clinical trials to evaluate the efficacy of its products, with a particular focus on acute ischaemic stroke patients.
Average Trading Volume: 526,481
Technical Sentiment Signal: Sell
For an in-depth examination of AGN stock, go to TipRanks’ Overview page.