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Imagion Biosystems Ltd. ( (AU:IBX) ) has issued an update.
Imagion Biosystems has received positive feedback from the FDA regarding its planned Phase 2 clinical trial for the MagSense® HER2 imaging agent, intended for early detection of HER2 breast cancer. This feedback is a significant step in the regulatory process, allowing the company to proceed confidently with the formal submission of an Investigational New Drug application, expected in the third quarter of 2025, which could enhance its market positioning and stakeholder confidence.
More about Imagion Biosystems Ltd.
Imagion Biosystems is a company focused on developing non-radioactive, precision diagnostic molecular imaging technology. By integrating biotechnology and nanotechnology, the company aims to enhance early detection and specificity in diagnosing cancer and other diseases.
Average Trading Volume: 400,478
Technical Sentiment Signal: Sell
Current Market Cap: A$2.21M
See more insights into IBX stock on TipRanks’ Stock Analysis page.