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The latest update is out from Island Pharmaceuticals Ltd ( (AU:ILA) ).
Island Pharmaceuticals Ltd has announced successful results from its Phase 2a/b clinical trial of ISLA-101, an antiviral drug aimed at combating dengue virus. The trial demonstrated that ISLA-101 significantly reduced viral load and symptoms in both preventative and treatment cohorts, marking it as the first small molecule to show potential benefits in the dengue human infection model. This development could enhance the company’s position in the antiviral drug market and offer a promising preventative measure against dengue, benefiting stakeholders and potentially impacting the broader industry.
More about Island Pharmaceuticals Ltd
Island Pharmaceuticals Ltd is an Australian company focused on the development of antiviral drugs. The company is engaged in creating treatments for viral infections, with a particular emphasis on dengue virus.
Average Trading Volume: 285,159
Technical Sentiment Signal: Buy
Current Market Cap: A$47.22M
Find detailed analytics on ILA stock on TipRanks’ Stock Analysis page.