DiaMedica Therapeutics Reports 2024 Financial Results and Strategic Advancements

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DiaMedica Therapeutics Reports 2024 Financial Results and Strategic Advancements

An update from Diamedica Therapeutics ( (DMAC) ) is now available.

DiaMedica Therapeutics announced its financial results for 2024, highlighting significant progress in its acute ischemic stroke (AIS) program and expansion into preeclampsia treatment. The company is advancing its Phase 2 trial for preeclampsia and ongoing enrollment for its Phase 2/3 AIS program. Additionally, DiaMedica appointed Daniel J. O’Connor to its board, and it has secured a cash runway into the third quarter of 2026, positioning itself strongly in the biopharmaceutical industry.

More about Diamedica Therapeutics

DiaMedica Therapeutics Inc. is a clinical-stage biopharmaceutical company focused on developing novel treatments for acute ischemic stroke and preeclampsia. The company aims to address substantial unmet medical needs in these critically underserved populations, presenting large commercial opportunities.

YTD Price Performance: 4.72%

Average Trading Volume: 87,293

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $246.7M

Find detailed analytics on DMAC stock on TipRanks’ Stock Analysis page.

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