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Island Pharmaceuticals Joins Medical Countermeasures Coalition

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Island Pharmaceuticals Joins Medical Countermeasures Coalition

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The latest update is out from Island Pharmaceuticals Ltd ( (AU:ILA) ).

Island Pharmaceuticals Ltd has been accepted into the Medical Countermeasures Coalition (MC2), a significant step in advancing its antiviral drug, Galidesivir, as a priority countermeasure. This membership is expected to bolster the company’s regulatory, clinical, and stockpiling efforts, enhancing its engagement with the US Government and positioning it alongside major biotechnology firms in the coalition.

More about Island Pharmaceuticals Ltd

Island Pharmaceuticals Ltd is an Australian company specializing in the development of antiviral drugs. The company focuses on creating critical countermeasures against high-priority threats, aiming for inclusion in government stockpiles.

Average Trading Volume: 752,237

Technical Sentiment Signal: Buy

Current Market Cap: A$132.4M

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

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