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An update from Island Pharmaceuticals Ltd ( (AU:ILA) ) is now available.
Island Pharmaceuticals Ltd has appointed Todd Strategy Group, a Washington DC-based government affairs firm, to enhance its engagement with the US government in the biodefense and health security sectors. This collaboration aims to position Galidesivir as a critical countermeasure against viral threats like Marburg and to strengthen Island’s commercial readiness for clinical trials and FDA interactions. The partnership is expected to provide strategic insights into federal processes and potential funding pathways, aligning with Island’s strategy to advance its antiviral programs and secure US government support.
More about Island Pharmaceuticals Ltd
Island Pharmaceuticals Ltd is an Australian antiviral drug development company focused on addressing urgent viral diseases, public health, and biosecurity threats. The company is executing a dual development strategy for its assets, ISLA-101 and Galidesivir. ISLA-101 is repurposed for the prevention and treatment of dengue fever and other vector-borne diseases, while Galidesivir is a clinical-stage antiviral molecule targeting over 20 RNA viruses, including Ebola, Marburg, MERS, Zika, and Yellow fever.
Average Trading Volume: 731,503
Technical Sentiment Signal: Buy
Current Market Cap: A$133.7M
For detailed information about ILA stock, go to TipRanks’ Stock Analysis page.