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Island Pharmaceuticals Ltd ( (AU:ILA) ) has issued an update.
Island Pharmaceuticals Ltd announced an upcoming webinar to discuss the FDA’s response regarding Galidesivir’s development and approval pathway, including its eligibility for a Priority Review Voucher and pending clinical initiatives. This announcement highlights the company’s efforts to advance Galidesivir, a broad-spectrum antiviral, which could significantly impact its operations and positioning in the antiviral drug market, addressing critical unmet medical needs.
More about Island Pharmaceuticals Ltd
Island Pharmaceuticals Ltd is an Australian company specializing in antiviral drug development, focusing on addressing urgent viral diseases, public health, and biosecurity threats. The company is advancing a dual development strategy for its assets, ISLA-101 and Galidesivir. ISLA-101 is being repurposed for dengue fever and other mosquito-borne diseases, while Galidesivir targets over 20 RNA viruses, including Ebola, Marburg, and Zika.
Average Trading Volume: 609,782
Technical Sentiment Signal: Buy
Current Market Cap: A$122.2M
For detailed information about ILA stock, go to TipRanks’ Stock Analysis page.